• Standalone Memory Care Community Sells in San Antonio

    by | Feb 10, 2026 3:19 pm | Acquisitions

    Soon after selling a standalone memory care community in Katy, Texas, Blueprint sold another one in San Antonio, Texas, that was built in 2013. The Landing at Stone Oak was originally marketed in late 2023, but the process came to a halt when ownership chose to continue improving operations rather than transact. The operational turnaround was not... Read More »

  • Investor Acquires Full AL/MC Community

    by | Feb 10, 2026 3:18 pm | Acquisitions

    A local private investment group divested its stabilized seniors housing community, Village at Oakwood Assisted Living. Originally built in 2010 with use of multiple layers of tax credits, the building comprises 90 assisted living and memory care units. The high-quality physical plant sits in Oklahoma City, Oklahoma, and was 100% occupied at the... Read More »

  • Joint Venture Expands Its Portfolio

    by | Feb 10, 2026 3:16 pm | Acquisitions

    Foundry Commercial and Fortress Investment Group acquired two seniors housing communities in Central Florida with a combined 180 assisted living and 72 memory care units (a total of 260 beds). This is the joint venture’s second transaction, marking the third and fourth communities added to the joint portfolio. The undisclosed seller was... Read More »

  • California SNF Gets New Operator

    by | Feb 10, 2026 3:14 pm | Acquisitions

    Evans Senior Investments helped the owner of a 120-bed skilled nursing facility find a new operator. The new management company, which has a strong regional footprint, will pay $3.75 million in annual rent to the investor owner, Don Gormly. Built in 2016, the 120-bed facility is Anberry Transitional Care in Merced, California. Its occupancy was... Read More »

  • CCRC Secures Funding for Expansion

    by | Feb 10, 2026 3:13 pm | Developments, Financings

    Ziegler announced the closing of Friendship Village of Kalamazoo’s $103.585 million Series 2026A, B-1, B-2, and B-3 bonds issued through the Economic Development Corporation of the City of Kalamazoo. Lifecare, Inc., doing business as Friendship Village Kalamazoo, is on approximately 72 acres within Kalamazoo, Michigan. The 364-unit CCRC comprises... Read More »
Liberty Senior Living Adds New Property in South Carolina

Liberty Senior Living Adds New Property in South Carolina

by | Feb 15, 2022 2:38 pm | Acquisitions

JLL Capital Markets closed the sale of Discovery Village at Sandhill, a 187-unit independent living community in Columbia, South Carolina. Developer South Bay Partners, LLC (now a part of the Harbert Management Corporation) divested the property to Liberty Senior Living, LLC, which took over operations following the closing of the transaction. The property has been rebranded as Inspire Sandhill. Completed in 2019, Inspire Sandhill features one-, two- and three-bedroom units averaging 981 square feet. Located on 8.39 acres, Inspire Sandhill sits near local entertainment hubs and an extensive number of local educational institutions. Charles Bissell and Cody Tremper of JLL led the... Read More »
JLL Arranges Refinance for Texas Community

JLL Arranges Refinance for Texas Community

by | Jan 6, 2022 4:20 pm | Financings

JLL Capital Markets arranged a $37.5 million refinance for Hidden Springs of McKinney, a 194-unit independent living/assisted living/memory care community in McKinney, Texas. Joel Mendes and Jason Skalko represented the borrower, a joint venture between CREC Real Estate and Madison Marquette, in securing a non-recourse, fixed-rate loan through a life insurance company. The loan came with a five-year term, with extension options. Completed in 2020, Hidden Springs of McKinney features large units and high-end finishes, with plentiful amenities like an indoor pool, fitness center and dog park.  Read More »
JLL Arranges Two Refinances Through Debt Funds

JLL Arranges Two Refinances Through Debt Funds

by | Nov 29, 2021 10:24 am | Financings

The team at JLL Capital Markets refinanced a couple of seniors housing properties in the Southeast, working with a debt fund in both transactions. The first, and largest, deal saw a five-year $57.5 million loan arranged for Windsor at Celebration, a 239-unit, luxury seniors housing community near Orlando in Celebration, Florida. Built in 2018 by a partnership between Square Mile Capital Management and Big Rock Partners, the community features 133 independent living, 73 assisted living and 33 memory care units in a mix of studio, one- and two-bedroom suites averaging 853 square feet. JLL’s Senior Director Joel Mendes, Senior Managing Director... Read More »
Private Equity Buyers Snap Up Southeast Portfolio

Private Equity Buyers Snap Up Southeast Portfolio

by | Oct 21, 2021 4:53 pm | Acquisitions

JLL Capital Markets’ Mike Garbers and Cody Temper recently arranged the sale of nine seniors housing communities on behalf of the seller, a large public REIT. The portfolio consists of one North Carolina and eight South Carolina properties, encompassing 558 assisted living and memory care units.  The first sale, in North Carolina, involves a 52-unit assisted living and memory care community that was sold to a private equity group. The property has been closed and vacant since April due to a fire, but extensive remodeling and repairs are foreseeable so the community can undergo rebranding upon reopening. The second transaction, in South Carolina, consists of 506 units across eight... Read More »
JLL Sells 55+ Community in Minneapolis Market

JLL Sells 55+ Community in Minneapolis Market

by | Oct 20, 2021 10:00 am | Acquisitions

JLL Capital Markets sold a newly-built, 107-unit 55+ housing community in Maplewood, Minnesota known as Frost English Silver. The purchase price was $27.3 million, or about $255,140 per unit.   The community has a variety of one- and two-bedroom apartments averaging 876 square feet. The community features a fitness center, outdoor patio with grilling stations, community room, salon, indoor lap pool and heated underground parking. The seller was Sherman Associates and an affiliate of Axial Real Estate Advisors LLC acquired the community.     Josh Talberg, Mox Gunderson, Dan Linnell, Adam Haydon and Ken Dayton of JLL represented the... Read More »