Transactions

Orchard Pointe at Terrazza and Watercrest at Mansfield Partner with ClearWellness

PEORIA, AZ ­and MANSFIELD, TX — Orchard Pointe at Terrazza, which is part of the Heritage Communities system, and Watercrest at Mansfield have announced in separate press releases a partnership with ClearWellness, a provider of wellness-based services and safety-focused solutions…

LCB Senior Living Takes Over Management of Three Communities

NORWOOD, MA — LCB Senior Living has announced in separate press releases that its portfolio of managed communities has grown by three: The Residence at Natick South, The Residence at Charles Meadow, and Mercer Hill at Doylestown. The Residence at…

Buckner Retirement Services Acquires Fort Worth Senior-Living Community

FORT WORTH, TX — Nonprofit senior living provider Buckner Retirement Services has announced in a press release the acquisition of The Stayton at Museum Way, a senior-living community in this northeast Texas city, from Lifespace Communities Inc. Renamed “The Stayton…

Greystone Becomes Resource Partner for University Retirement Communities

OAK HILL, VA — Greystone, a national provider of advisory and consulting, development, marketing, and management services for senior living, has announced in a press release that it is now a resource partner on UniversityRetirementCommunities.com, an internet directory and information…

Atlas Senior Living Acquires Three Orlando Communities

ORLANDO, FL — Atlas Senior Living and affiliate company Salta Capital have announced in a press release the acquisition of three senior-living communities in the Orlando, Florida, submarkets of Clermont, Ocoee, and Oviedo. These communities, which offer assisted-living and memory-care…

Atlas Senior Living Partners with Curana Health

BIRMINGHAM, AL — Atlas Senior Living, an operator of senior-living communities across the Southeast, has partnered with Curana Health, a provider of value-based care for senior-living residents, to offer comprehensive healthcare services to its residents. According to a press release,…

Pegasus Senior Living Assumes Management of Eight Communities in Texas, New Mexico

GRAPEVINE, TX — Pegasus Senior Living has announced in a press release that, effective September 1, 2024, it will take over the management of eight communities in Texas and New Mexico that are currently being operated by LifeWell Senior Living…

Aspire for Well-Being Launches, Becomes Holding Company to The Highlands at Wyomissing

WYOMISSING, PA — The formation of Aspire for Well-Being, a nonprofit holding company, has been announced in a press release. The new company comprises a life-plan community and several ancillary service offerings. It is designed to deliver care to older…

SRI Management Expands in North Carolina, Alabama, and Virginia

TALLAHASSEE, FL — SRI Management has announced, in three separate press releases, its expansion on the eastern seaboard with new management agreements in North Carolina, Alabama, and, through an affiliate, Virginia. With the management transition to SRI Management of Trevi…

Legend Senior Living Assumes Management of Pennsylvania Community

HUNTINGDON VALLEY, PA — Legend Senior Living has announced in a press release its new management agreement with the owners of Crescent Fields at Huntingdon Valley to operate the senior-living community, which comprises independent living, personal care, and memory care.…