CCRCs Near Major Hospital Systems Trade Hands
Evans Senior Investments sold a CCRC portfolio in Delaware. Dubbed Project Port, the deal consisted of three CCRCs in Wilmington: Foulk Living, Millcroft Living and Shipley Living, totaling 238 licensed skilled nursing beds and 279 senior housing units. The campuses are also located near five major hospital systems and are well positioned to capture a dominant share of the regional Medicare market. An institutional owner purchased the assets for $135,000 per bed, and partnered with an East Coast-based operator. Read More »
AL/MC Community Sale Presents Stabilization Opportunity
JLL Capital Markets announced it has arranged the off-market sale of Laguna Estates Senior Living, a 168-unit seniors housing community in Carlsbad, California. Built in phases from 1987 to 1995, the community has a mix of assisted living and memory care units spread over four single-story and three-story buildings. It was just 46% occupied at the time of the deal. The buyer was Sunny Hills Management Company. JLL’s Seniors Housing Capital Markets team representing the seller was led by Senior Managing Director Aaron Rosenzweig and Senior Director Dan Baker. Read More »Another Amira Choice Community Sells
The Goodman Group made another seniors housing purchase, acquiring Amira Choice Sarasota in Florida. Built in 2020, this community has 198 units of independent living, assisted living and memory care on 11 acres. It has luxury amenities, including an outdoor heated pool, fitness studio, piano lounges, art studio and gallery, yoga space, a pet park, therapy gym, salon and spa. The seller was United Properties, and the community will be renamed Legends of Sarasota. Brooks Blackmon and Lauren Nagle of Blueprint handled the transaction. In August 2025, Blueprint had also sold the 128-unit Amira Choice Naples to REDICO and American House. Details of that... Read More »
Large Portfolio Trades in Upstate New York
We heard rumblings of a large portfolio of upstate New York independent living communities selling, and the deal closed right before Christmas. Jeff Binder, Ryan Saul and Dave Balow of Senior Living Investment Brokerage handled the transaction, working on behalf of the receiver. Located in the Rochester MSA, the five communities were built between 2000 and 2008 and consisted of 701 units on 15 total acres. After procuring multiple offers from national and regional buyers, SLIB sold the portfolio to an out-of-state private equity group that partnered with a New York-based operator. On December 23, Cougar Capital Management announced on LinkedIn that it closed the $71... Read More »
