by Zach Alexander | Dec 14, 2022 9:41 am | Acquisitions
Bartlett Regional Hospital has announced the acquisition of a skilled nursing facility in Juneau, Alaska. The not-for-profit facility is Wildflower Court, which sits adjacent to the hospital and comprises 61 beds. Around the time of acquisition, it held an occupancy... Read More »
by Zach Alexander | Dec 14, 2022 9:38 am | Acquisitions
Colorado-based senior living owner/operator Ascent Living Communities (ALC) acquired Roaring Fork Senior Living in Glenwood Springs, Colorado. Built in 2016, the senior living community comprises 60 assisted living and 24 memory care units and is located just north of... Read More »
by Zach Alexander | Dec 12, 2022 10:11 am | Acquisitions
A regional developer is exiting the skilled nursing industry and sold its second tranche of facilities in Texas, bringing its total divestment to 11 facilities across the Lone Star State. All told, the whole portfolio totaling 1,357 beds has sold for $90.8 million, or... Read More »
by Zach Alexander | Dec 12, 2022 10:08 am | Acquisitions
Ziegler has announced its role in arranging the sale of a distressed CCRC in Mount Morris, Illinois, about 100 miles west of Chicago. Founded in 1893, Pinecrest Community is a Christian, not-for-profit continuing care retirement community affiliated with the Church of... Read More »
by Zach Alexander | Dec 12, 2022 10:02 am | Developments
A major seniors housing community is going forward in Orcutt, California, with an eye toward inter-generational living. Having just received approval from the Santa Barbara County Planning Commission, Ranch at Orcutt will comprise a 103-unit assisted living/memory... Read More »