Transactions

Pinnacle Living Acquires Two Virginia Communities

RICHMOND, VA — Pinnacle Living, a nonprofit provider of retirement living, has finalized its previously announced deal to acquire two Spring Arbor Living communities here in the capital of Virginia. According to a press release, Spring Arbor of Richmond, which…

Life Care Services Now Amavida’s Management Partner After Recent Sale

FORT MYERS, FL — Amavida, a recently sold, award-winning resort-style senior living community in this city near Florida’s west coast, has partnered with Life Care Services for management. According to a press release, the 32-acre campus features 28 cottages, 223…

Highgate Senior Living Taps HealthPRO Heritage for Rehabilitation Services

HUNT VALLEY, MD — Highgate Senior Living has selected HealthPRO Heritage, a national provider of therapy and clinical solutions, to provide its residents with rehabilitation services According to a press release, HealthPRO Heritage will provide Highgate residents with physical, occupation, and…

Eventide Senior Living Communities Combines with Tabitha Senior Care

MOORHEAD, MN, and LINCOLN, NE — Eventide Senior Living Communities and Tabitha Senior Care have announced in a press release plans to combine under an affiliation agreement that is expected to take effect October 1, 2024, subject to the terms…

Covenant Living Adds Two More Communities Through Affiliation with Presbyterian Homes of Tennessee

SKOKIE, IL — Covenant Living Communities and Services and Presbyterian Homes of Tennessee have announced in a press release that they have closed on an affiliation with two communities in the metropolitan area of Knoxville, Tennessee. Shannondale of Knoxville sits on 50…

Legend Senior Living Assumes Management, Renames Four Florida Properties

WICHITA, KS — Legend Senior Living has announced in a press release that it is now managing four senior living residences in Florida, which increases the number of properties in the company’s portfolio to 15 in the Sunshine State. The…

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…