Transactions

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,…

SilverPoint Senior Living Partners with SGL Acquisitions, LLC, and Acquires WestMark and Eastman Properties

SAN ANTONIO, TX — SilverPoint Senior Living has announce in a press release a strategic partnership with SGL Acquisitions, LLC, and the acquisition of The WestMark Senior Living in San Antonio and The Eastman Senior Living in Longview, Texas, both…

Community Preservation Partners Acquires Corinthian House Affordable Development

SAN JOSE, CA — Community Preservation Partners, a mission-driven affordable housing preservation developer, has announced in a press release the acquisition and planned renovation of Corinthian House, a senior development in this city. This is the fourth community in the…

Charter Senior Living Adds to its Portfolio with 13 Illinois and Wisconsin Communities

NAPERVILLE, IL — Charter Senior Living has taken on the management of 13 senior living communities in Illinois and Wisconsin that offer a mix of independent living, assisted living and memory care. According to a press release, the communities —…

National Church Residences Acquires Four More Affordable-Senior-Housing Communities

COLUMBUS, OH — National Church Residences has added 206 apartments to its already extensive Ohio portfolio with the acquisition of four affordable-senior-housing-communities. According to a press release, all of the communities were purchased from Buckeye Management, they are all located…

LCB Senior Living Now Managing The Reserve at East Longmeadow

EAST LONGMEADOW, MA — LCB Senior Living has announced in a press release that it has assumed management of The Reserve at East Longmeadow. The assisted-living and memory-care community, which opened in 2014, contains more than 100 residential apartments. “We…

Skilled Nursing Facility Miller Memorial Community is Sold

MERIDEN, CT — Miller Memorial Community, a 90-bed skilled nursing facility in this city halfway between New Haven and Hartford, has sold. The sale of the community, which features 19 active adult cottage-style apartments, was facilitated by Senior Living Investment…

Clearwater Living Acquires Texas Assisted-Living and Memory-Support Community

HOUSTON, TX — Clearwater Living, a real estate and property management company dedicated to the ownership, operation, and development of senior living communities, has announced in a press release the acquisition of The Watermark at Houston Heights, a 220-unit, luxury…