Ventas acquired an assisted living/memory care community in Jacksonville, Florida, in partnership with SRI Management as the operating company. The deal is an expansion of the relationship between the REIT and the Tallahassee-based operator. Brad Clousing, Dan Geraghty and Jeff Binder of Senior Living Investment Brokerage handled the transaction on behalf of the seller, a local group of investors and developers. This was their only seniors housing asset.
Built in 2017 on 14 acres in Atlantic Beach, Anthem Lakes Waterview Senior Living features 91 assisted living/independent living and 28 memory care units with lakefront views and direct access to a nearby nature preserve.
The acquisition brings SRI’s portfolio to 57 communities across 13 states. In March, it acquired five communities in Colorado, Kansas, Oklahoma and South Carolina in a partnership with Imprint Property Group. In the same month, SRI added a Stuart, Florida, independent living community that is owned by Waypoint Residential as well as two communities in Clermont and Niceville, Florida, that were acquired by Phorcys Capital Partners.
