Ensign Group Expands Portfolio with Acquisition in Nebraska
The Ensign Group recently acquired St. Joseph Rehabilitation and Care Center and Skyview Villa Assisted Living in Norfolk, Nebraska. This acquisition brings the Ensign Group’s healthcare operations portfolio to 324, with 30 including senior living operations.
Arbor Terrace Acworth Joins The Arbor Company in Georgia
The Arbor Company added Arbor Terrace Acworth in Cobb County, Georgia to its portfolio. The community, previously known as Dogwood Forest, will introduce the organization’s Bridge program for memory care starting in January.
Evans Senior Investments Facilitates Sale in Texas
Evans Senior Investments facilitated the sale of Three Forks Senior Living in Forney, Texas, as the owner opted for a strategic exit from the industry. The community, built in 2013, consists of 80 units.
Senior Living Investment Brokerage Closes Deals in Florida
Senior Living Investment Brokerage facilitated the sale of a 132-unit community in Gulf Breeze, Florida, as well as a seven-property assisted living program and adult home portfolio in New York. The transactions involved skilled sellers and experienced buyers in the industry.
Investment Firms Assist in Sale of Communities Across the Country
Multiple investment firms were involved in the sales of Stonehaven Assisted Living in Arkansas, a memory care community in Colorado, and a Naples, Florida community. The transactions reflect a strategic move by the sellers and the pursuit of growth opportunities by the buyers.
Kintura Formed as Brightspire and The Well-Spring Group Merge
Nonprofits Brightspire and The Well-Spring Group have merged to form Kintura, a new organization serving older adults in North Carolina. With five owned and managed communities and various services, Kintura aims to provide comprehensive care and support for its residents.
Anthem Memory Care Assumes Management of California Community
Anthem Memory Care has taken over management of Willow Springs Memory Care in Redding, California. The company is enhancing the community’s operations with regional staff and advanced care programs, bolstering its portfolio that now serves over 1,400 beds.
Atlas Senior Living Expands Portfolio in Alabama
Atlas Senior Living has added Monark Grove Madison in Madison and Monark Grove Greystone in Birmingham to its portfolio in Alabama. These additions bring the total number of Atlas-managed communities in the state to six.
Health Dimensions Group to Manage Communities Across Three States
Health Dimensions Group has been appointed to manage six senior living communities in Iowa, Minnesota, and Wisconsin. This expansion aligns with HDG’s commitment to enhancing the quality of life for seniors and their families in the region.
Charter Senior Living Partners with Curana Health for Value-Based Care
Charter Senior Living has partnered with Curana Health to provide value-based care solutions for residents in 22 communities. The partnership aims to offer concierge-style primary care services, ensuring the well-being of residents with personalized care plans.
Greystone and VIUM Lead Annual HUD Rankings in Healthcare Lending
Greystone and VIUM Capital have been recognized as the top two healthcare lenders by the Department of Housing and Urban Development (HUD). With a strong track record in healthcare lending, both firms have successfully completed numerous deals through HUD’s 232 LEAN program.
JLL Arranges $35M Refinancing for Ocean Hills Senior Living
JLL Capital Markets announced the arrangement of a $35 million construction-takeout refinancing for Ocean Hills Senior Living. The resort-style complex offers a mix of independent living, assisted living, and memory care units, showcasing JLL’s expertise in securing financing for senior living projects.
