• Olympus Retirement Living Expands

    The Zett Group closed the sale of a 63-unit assisted living/memory care community in the Boise, Idaho market. Set in the town of Emmett, Meadow View Senior Living was trending positively in its operations, but there was still some work to be done. An owner/operator engaged Blake Bozett and Spud Batt to sell the community to an undisclosed buyer.... Read More »
  • Large Senior Care Portfolio Trades Hands

    A portfolio comprising senior care assets across Washington State recently sold with the help of JCH Senior Housing Investment Brokerage. At first, only one of the assets was brought to market, but an offer emerged for the entire nine-facility portfolio. The price for the skilled nursing, assisted living and independent living campuses ranged... Read More »
  • Stellar Senior Living and Clarion Partners’ Active March

    Stellar Senior Living announced it completed three transactions with Clarion Partners in March. In one of the deals, they completed the recapitalization of The Gallery at Spokane in Spokane, Washington, which was rebranded as The Grand at Spokane. Developed in 2024 by NexCore Group, the community offers 137 independent living, assisted living and... Read More »
  • Otterbein Senior Life Affiliates with Michigan CCRC

    A CCRC in Jackson, Michigan, is now a wholly owned subsidiary of Otterbein Senior Life. The campus features 318 independent living, assisted living and skilled nursing units/beds on 22 acres. Kauhale Healthcare Management began managing the community in 2022 following the purchase and refinancing of outstanding bonds by Lapis Advisers. Visa... Read More »
  • ESI Adds Capital Markets & Debt Advisory Team

    Evans Senior Investments has expanded its platform to now include a dedicated Capital Markets & Debt Advisory team to source debt solutions for its clients. Complementary to its brokerage/investment sales services and benefitting from Evans’ robust lender network, the new platform will facilitate acquisition financings, refinancings,... Read More »

Big investment from Capitol Seniors Housing

Capitol Seniors Housing (CSH), a real estate investor/developer specializing in seniors housing, recently announced that it had invested over $90 million in four senior living developments, all set to open in 2015. For roughly $34 million, or $312,000 per unit, CSH plans to open a 109-unit assisted living/memory care community (which includes a 39-unit freestanding memory care community) this month in Torrance, California, to be managed by Integral Senior Living. In May, a 79-unit AL/MC community (with 54 AL units and 25 MC units) is expected to open for a total cost of approximately $23 million, or $291,000 per unit. The building is located in Marlboro, New Jersey, which is about 30 miles... Read More »

ISL to manage new community in Greater San Antonio

Construction has begun on The Heights at Shavano Park, a new senior care in Shavano Park, Texas, a suburb of San Antonio. When completed, the new Mediterranean-style community will have 84 units: 40 assisted living and 44 memory care. Residents will enjoy a dining room with a private dining area, a gym with equipment specifically designed for seniors, a spa and beauty salon, a theater, and a chapel. The grounds will feature an outdoor dining and barbecue area, individual gardening plots, and—given the physical and social benefits of living with a dog or cat—a dedicated pet area! Dallas-based investment-banking firm Meridian Capital LLC, a partner of Global M&A Partners, will own The... Read More »