Transactions
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Senior Living Investment Brokerage Handles Sale of SoCal Assisted-Living & Memory-Care Community
MENIFEE, CA — Senior Living Investment Brokerage recently announced that it had facilitated the sale of an assisted-living and memory-care community located in this city 25 miles southeast of Riverside, California. Built in 2010, the community features 55 apartments and…
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Retirement Unlimited, Inc. Acquires Brandywine Living in Strategic Combination
ROANOKE, VA — Retirement Unlimited, Inc., based in this Virginia city, and Mount Laurel, New Jersey-based Brandywine Living have announced RUI’s acquisition of Brandywine Living’s senior living management platform. Following the transaction, the combined company will consist of 59 communities…
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Vista Prairie Communities Acquires Ridgeway Senior Care Communities
CHAMPLIN, MN — Vista Prairie Communities has completed the transition of ownership for both Housing Alternatives Development Corporation Ridgeway communities in New Ulm, Minnesota. The two properties, Ridgeway on German and Ridgeway on 23rd, provide assisted-living and memory-care services in…
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United Church Homes Expands Footprint with Acquisition of Vineyard on Catawba
PORT CLINTON, OH — United Church Homes has announced in a press release the acquisition of Ohio Living’s Vineyard on Catawba in this city on the southwestern shore of Lake Erie, roughly equidistant from both Cleveland, Ohio, and Detroit, Michigan.…
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Senior Living Investment Brokerage Handles Sale of Florida Assisted-Living and Memory-Care Community
BROOKSVILLE, FL — Senior Living Investment Brokerage (SLIB) has facilitated the sale of Noble Senior Living at Brooksville in this city 45 miles north of Tampa, Florida, on an 8.3-acre site. The community houses 85 assisted-living and memory-care residences. Built…
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Kisco, Balfour Partner to Form 35-Community Company
LOUISVILLE, CO, and CARLSBAD, CA — Balfour Senior Living has become an affiliate of Kisco Senior Living, it was announced in a joint statement by Kisco founder/CEO Andy Kohlberg, Balfour founder/CEO Michael Schonbrun, and Balfour co-founder/General Counsel Susan Juroe. The…
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Senior Living Investment Brokerage Handles Sale of Twin Cities Independent-/Assisted-Living Community
ST. PAUL, MN — Senior Living Investment Brokerage (SLIB) has facilitated the sale of an independent-/assisted-living community located in this Minnesota metropolis. The nearly 125,000-square-foot community, built in 1985, consists of 120 residences on approximately 1.7 acres of land. The…
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Senior Living Investment Brokerage Facilitates Sale of Albuquerque Portfolio
Senior Living Investment Brokerage has announced the sale of assisted-living communities in Albuquerque, New Mexico. The communities, built in 1972 and 1982 with renovations in 2011 and 2015, are 3,176 & 7,880 square feet. The seller was a mom-and-pop company…
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Senior Living Investment Brokerage Announces 30-Unit/40-Bed Memory Care Community Sale
PORTLAND, OR — Senior Living Investment Brokerage has brokered the sale of a memory-care facility in this Pacific Northwest city. The community, built in 2010 and added onto in 2013, consists of 30 units/40 beds over 16,300 square feet on…
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Retirement Unlimited, Inc. Enhances Elancé Luxury Brand with New Communities in Partnership with Welltower
ROANOKE, VA — Retirement Unlimited, Inc., a Virginia-based senior living company, has extended its partnership with Welltower by taking over the management of two Welltower communities and renaming them Elancé at Old Town Alexandria and Elancé at Boynton Beach. These…