Transactions

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…

New Perspective Closes on More Than $200 Million in Capital, Establishes a Programmatic Relationship for Growth

MINNETONKA, MN — New Perspective has secured more than $200 million in bridge loan, preferred equity, and common equity with its partners, BMO, Fengate, and Boldt, to facilitate the acquisition and financing of six senior living communities with over 800…

Distinctive Living Acquires Validus Senior Living

FREEHOLD, NJ — Distinctive Living, a New Jersey-based operator and developer of active-adult, assisted-living, independent-living, and memory-care communities throughout the country, has acquired Florida-based Validus Senior Living Management. This acquisition further expands Distinctive Living’s footprint in Florida, Georgia, and Louisiana,…

Anthem Memory Care Assumes Management of Illinois and Wisconsin Communities

WEST LINN, OR — Anthem Memory Care has assumed management of Savoy Place in Savoy, Illinois, and Franklin Place in Franklin, Wisconsin. According to a press release, Anthem Memory Care is now managing all aspects of the communities’ operations and…