Transactions
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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,…
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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…
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Discovery Senior Living Announces Launch of Discovery Management Group; Adams Named President of DMG
BONITA SPRINGS, FL — Discovery Senior Living has announced in a press release the creation of Discovery Management Group, an internal restructuring that integrates existing and newly transitioned nationally branded communities under one umbrella. The inception of DMG represents a…
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Surpass Senior Living Takes Over Management of Two Communities
DALLAS, TX — Surpass Senior Living has announced in a press release that it has taken over the management of The Gardens at Quail Springs in Oklahoma City, Oklahoma, and Carrollton Gardens in the Dallas suburb of Carrollton. Surpass Senior…
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The Aspenwood Company Management Adds Four Senior Retirement Communities in North Texas
DALLAS, TX — The Aspenwood Company, a Texas-based senior residential management and operations company, has announced in a press release the acquisition of four retirement communities in North Texas. The four new Aspenwood communities, operating under The Village on the…
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Memory-Care Community Rosecastle at Deerwood Sells in Jacksonville, Florida
JACKSONVILLE, FL — Senior Living Investment Brokerage has announced its facilitation of the sale of Rosecastle at Deerwood in this northeastern Florida city. The community was originally designed as a stand-alone memory care with 60 units, but due to slower…
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United Church Homes Management to Provide Services for Two More Properties in Columbus, Ohio
COLUMBUS, OH — United Church Homes Management has announced its extended partnership with senior living communities in the Ohio state capital. Alongside its current management of Wexner Heritage Village, UCHM will now provide management services for Bexley Heritage Apartments and…
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BHI Senior Living Enters Affiliation Agreement with Westminster Village North
INDIANAPOLIS, IN — BHI Senior Living, which is headquartered in this city, has entered into an affiliation agreement with Westminster Village North, a senior living provider also located in Indianapolis. This new partnership, according to a press release, marks the…
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Charter Senior Living Acquires Six New England Communities
NAPERVILLE, IL — Senior living management company Charter Senior Living is now the management company of six New England area senior living communities according to a press release. The communities offer a mix of independent living, assisted living and memory…
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Continuum Advisors Announces Sale of Friendship Village
SCHAUMBURG, IL — Friendship Village, the largest senior-living campus in Illinois, has been sold according to a press release from Continuum Advisors. Spanning over 60 acres in this affluent Chicago suburb, Friendship Village offers 818 residences across a full continuum…