Transactions

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.…

Jaybird Senior Living Expands, Acquires Pair of Memory-Care Communities

BARTLETT, IL/ELMHURST, IL — Jaybird Senior Living, in partnership with CareTrust REIT, has announced in a press release the acquisition of two memory-care communities. The newly acquired and rebranded communities, The Indigo at Bartlett and The Indigo at Elmhurst, are…

Brightwater Senior Living Now Managing Oregon Assisted-Living and Memory-Care Communities

BEND, OR — Brightwater Senior Living has announced in a press release that it’s now managing Mt. Bachelor Memory Care, as well as Mt. Bachelor Assisted Living and Meadows Memory Care, a pair of communities that will be merged into…

LCB Senior Living Now Managing Mattison Crossing at Manalapan Avenue

FREEHOLD, NJ — LCB Senior Living, a senior housing provider with communities across the Northeast and Mid-Atlantic, has assumed management of Mattison Crossing at Manalapan Avenue here in Bruce Springsteen’s hometown. Mattison Crossing at Manalapan Avenue is a senior-living community…

Sagora Senior Living Now Managing 17 Additional Communities

FORT WORTH, TX — Sagora Senior Living has, according to a press release, recently added 17 senior living communities to its management portfolio; these communities are in Alabama, Florida, Nebraska, Oklahoma, and Texas. First, Sagora has expanded its footprint in…

Pinnacle Living to Pick Up Two Spring Arbor Senior Living Communities

RICHMOND, VA  — Pinnacle Living, a nonprofit provider of retirement living, and Spring Arbor Senior Living, a provider of assisted-living and memory-care services, have signed an agreement to transition Spring Arbor of Richmond and Spring Arbor Cottages of Richmond to…

Pair of Acquisitions Expands National Church Residences Footprint in Cincinnati

COLUMBUS, OH — National Church Residences has added 94 apartment units to its already extensive Ohio portfolio with the acquisition of Corbly Trace (44 units) and Mount View Terrace (50), a pair of affordable senior-housing communities. According to a press…

Solera Senior Living Now Operating The Willows at Raleigh

DENVER, CO — Solera Senior Living, an operator, developer and investor of next generation senior living communities across the U.S., announced in a press release that it now operating The Willows at Raleigh, an independent-living community in Raleigh, North Carolina,…