Blueprint Healthcare Real Estate Advisors announced the sale of an assisted living community in South Jordan, Utah. Built in 2018, Anthology of South Jordan comprises 103 units of independent living, assisted living and memory care, and sits on 3.7 acres in the greater Salt Lake City area. The new owner is Stellar Senior Living, which renamed the community to Copper Creek Senior Living.
Utah-based Stellar Senior Living is a family-owned senior living provider operating 28 senior living communities in nine states in the western United States. The seller of the community was Anthology Senior Living, the seniors housing arm of global developer, CA Ventures. Alex Florea, Amy Sitzman, and Giancarlo Riso of Blueprint Healthcare Real Estate Advisors handled the transaction. Also, Cushman & Wakefield arranged moderate-leverage, non-recourse bank financing from a regional lender.
This is the second seniors housing transaction to take place in South Jordan, Utah in the past month according to our Levin Pro LTC platform. To close out 2022, Ridgeline Management Company announced the acquisition of Pheasant Run, a 45-unit memory care community located just two and a half miles away from Anthology of South Jordan.
