Transactions
American Healthcare REIT acquires four communities
American Healthcare REIT and Cogir Management have expanded their partnership with the acquisition of four additional communities in Washington.
The portfolio includes 207 assisted living and memory care units, allowing Cogir to operate in multiple states for AHR.
Since 2019, Cogir and AHR have been working together, and this recent acquisition brings the total number of communities managed by Cogir to 22 in Washington and 84 nationwide.
Blueprint recently announced the sale of a single-site community in Memphis, Tennessee, citing stable occupancy and margin history with performance declines due to the pandemic.
On August 30, Senior Living Investment Brokerage sold a 65-unit assisted living community in Owensboro, Kentucky, with the buyer being a regional owner/operator expanding their presence.
Management
Pegasus assumes management of ‘Legacy’ LifeWell communities
Pegasus Senior Living has taken over the management of eight communities in Texas and New Mexico under the LifeWell Senior Living “Legacy” brand, totaling 652 units.
Onelife Senior Living has also assumed management of Belmare Senior Living in Oakdale, California, as part of their expansion in the state.
Expansions
Offerd expands into senior housing
Offerd is making its mark in the senior housing sector with the addition of Scott McCorvie as the director of its national senior housing group, aiming to grow its team in the coming months.
