• Interview with Arnie Whitman and Meredith Oppenheim on VITALS

    by | Mar 6, 2026 3:47 pm | Interviews

    The SeniorCare Investor’s Ben Swett recently sat down with Meredith Oppenheim and Arnie Whitman to discuss their new framework for seniors housing operators to improve the quality of life for their residents, but also to position the sector for greater success and wider appeal in the future. Watch the conversation here. Read More »

  • Michigan-Based Owner/Operator Expands in Tampa MSA

    by | Mar 6, 2026 3:46 pm | Acquisitions

    American House Senior Living Communities added Beach House Assisted Living & Memory Care in Wesley Chapel, Florida (Tampa MSA), to its operating portfolio and renamed the property American House Wesley Chapel. The community features 67 assisted living and 33 memory care units with studio, one- and two-bedroom floor plans, some with balconies... Read More »

  • Seniors Housing Community Near Chicago Gets New Owner

    by | Mar 6, 2026 3:45 pm | Acquisitions

    SVN Chicago Commercial sold McKenzie Falls, an affordable seniors housing community in Bolingbrook, Illinois, roughly 30 miles southwest of downtown Chicago. The building was constructed in 2010 and spans 74,047 square feet across one story.  An undisclosed buyer acquired the 105-unit community for $6.7 million, or $63,800 per unit. Reid... Read More »

  • Healthpeak Properties Provides Janus Living Updates

    by | Mar 6, 2026 8:19 am | Acquisitions

    Healthpeak Properties’ recently formed seniors housing REIT, Janus Living, which will manage Healthpeak’s 34-community seniors housing portfolio, has filed a registration statement on Form S-11 with the SEC relating to a proposed initial public offering of its shares of Class A-1 common stock, which the company intends to list on the NYSE under... Read More »

  • SLIB Handles Senior Care Campus Deal in Missouri

    by | Mar 6, 2026 8:17 am | Acquisitions

    A Maryland-based owner/operator looked to expand its Missouri senior care portfolio with the purchase of Kingdom Care Senior Living in the town of Fulton. Built in 1980, the campus includes four independent living units, 26 assisted living units and 36 skilled nursing beds. It currently holds a five-star rating at the SNF and is the only... Read More »
Harbert Management Corp. Acquires South Bay Partners

Harbert Management Corp. Acquires South Bay Partners

by | Dec 23, 2021 1:02 pm | Acquisitions

Alternative asset management firm and consistent seniors housing investor Harbert Management Corporation (HMC) has acquired South Bay Partners, LLC, a Dallas-based seniors housing developer. South Bay has developed over 10,000 high-end seniors housing units costing over $1 billion across the United States. The company will complement HMC’s existing seniors housing investment platform, while allowing HMC to make development investment opportunities. HMC plans to raise capital for South Bay’s development projects through separately managed accounts and commingled funds. In addition, South Bay Founder and CEO Craig Spaulding will move to an advisory role following the transaction, while... Read More »
Welltower Acquires Two South Bay Partners Properties

Welltower Acquires Two South Bay Partners Properties

by | Apr 25, 2019 12:12 pm | Acquisitions

Welltower announced that it has added two more San Antonio senior living properties to its portfolio. Originally developed by the seller, South Bay Partners, these communities opened in 2016 adjacent to each other in the Dominion area of northwest San Antonio. They combine for 335 units of independent living, assisted living and memory care. Welltower is no stranger to the market, already owning two senior living communities operated by Sagora Senior Living, an LTAC operated by LifeCare Management Services and a portfolio of five medical office buildings. No purchase price was disclosed for the latest acquisition, but the properties were last assessed together for $48.6 million, according... Read More »
KeyBank Finances Luxury Independent Living Development

KeyBank Finances Luxury Independent Living Development

by | Nov 14, 2017 8:32 pm | Developments, Financings

A new independent living community is going up on the Princeton University Healthcare campus, with the help of construction financing arranged by Grant Saunders, Peter Trazzera and Jake Hollinger of KeyBank Real Estate Capital’s Healthcare Group. Featuring 260 total units, including 15 studios, 145 one-bedrooms and 100 two-bedrooms, the project is being developed by SBLP Senior Living Fund I, a fund that invests in the development of seniors housing projects. A joint venture between South Bay Partners, a Dallas-based seniors housing developer, and LAMB Properties, a real estate investment vehicle owned by the Bluhm family, sponsors the fund. Upon completion, Sage Senior Living will take... Read More »
Sagora Senior Living Adds Two Senior Living Communities To Portfolio

Sagora Senior Living Adds Two Senior Living Communities To Portfolio

by | Sep 29, 2017 2:32 pm | Acquisitions

A prominent senior living provider in the Lone Star State, Sagora Senior Living, acquired two more communities, bringing its total portfolio to 31 properties across four southern states. Both properties were developed in late-2014/early-2015 by Dallas-based South Bay Partners under the “Watercrest” brand. The Sugar Land location features 180 units and 12 cottages of independent living, plus an adjacent community with 77 assisted living and 43 memory care units. That is similar to the San Antonio location, with 192 IL units, 26 cottages, 72 AL units and 50 MC units. Once again, the AL/MC building was located on an adjacent property. Based in Fort Worth, Sagora has so far concentrated its... Read More »