2+ day, 17+ hour ago   (109+ words) TAMPA, Fla. — Continuum Advisors has brokered the sale of Arbor Terrace Citrus Park Independent Living, a 139-unit community located in Tampa. Developed in 2019 on nine acres, the property comprises 172,090 square feet. Chancey Architecture and Interior Design designed the community, which…...

5+ day, 18+ hour ago   (113+ words) Seniors Housing Business BWE Secures Financing for 89-Unit Assisted Living, Memory Care Community in Minnesota ROCHESTER, Minn. — BWE has secured financing for AVIVA River Bend, an assisted living and memory care community located in Rochester in southeastern Minnesota, on behalf…...

5+ day, 18+ hour ago   (104+ words) Seniors Housing Business Marcus & Millichap Brokers Sale of Three-Property Seniors Housing Portfolio in Virginia ROANOKE, BEDFORD and DANVILLE, Va. — Marcus & Millichap has brokered the sale of a three-property seniors housing portfolio in Virginia. Located in Roanoke, Bedford and Danville, the…...

5+ day, 17+ hour ago   (205+ words) Seniors Housing Business 12 Oaks Senior Living Appoints President Greg Puklicz CEO DALLAS — 12 Oaks Senior Living has appointed President Greg Puklicz the role of chief executive officer. Puklicz has served as president of the company since December 2021. Previous CEO Richard K....

1+ week, 2+ day ago   (149+ words) LOS ANGELES — Wellpointe has announced plans for the development of a new affordable seniors housing campus within the Warner Center master-planned district in Los Angeles. Wellpointe estimates a total investment of $2 billion in the project, which will be developed in…...

1+ week, 2+ day ago   (191+ words) Seniors Housing Business Marcus & Millichap Brokers Sale of Memory Care Campus in San Diego County SAN DIEGO COUNTY, Calif. — The Knapp-Stahler Group of Marcus & Millichap has brokered the sale of a memory care campus located in San Diego County. Developed…...

1+ week, 4+ day ago   (1460+ words) At least half of all seniors housing operating companies don’t make a nickel off the management of their buildings, says Jerry Frumm, vice chairman of Senior Lifestyle, a Chicago-based owner and operator. “At best, they’re breaking even on the management…...

1+ week, 4+ day ago   (140+ words) Seniors Housing Business LTC Acquires Communities in Colorado, New Mexico for $73M WESTLAKE VILLAGE, Calif. — LTC Properties has acquired two communities located in Colorado and New Mexico for a combined purchase price of $73 million. Harbert Management Corp. was the seller. Berkadia…...

3+ week, 4+ day ago   (125+ words) SCOTTSDALE, Ariz. — Berkadia has arranged the sale and financing of Acoya Shea, a senior living community located in Scottsdale. Opened in September 2023, the property totals 147 units. Dave Fasano, Ross Sanders, Cody Trember and Mike Garbers of Berkadia brokered the sale…...

3+ week, 4+ day ago   (1072+ words) CHICAGO — New players are increasingly drawn to the seniors housing sector due to strong market fundamentals and the industry’s proven performance. Limited new inventory and high occupancies, along with a robust population of aging individuals and rent growth, are generating…...