Transactions Five communities sold in three transactions for $455M Harbert Management Corporation announced the sale of five senior living communities across three separate transactions for a total of $455 million. The sale totals 811 units and includes MorningStar of Albuquerque, MorningStar of Wheat Ridge, Carlisle Naples, Tradition Prestonwood Independent Living …
Transactions Sodalis took over management of an assisted living and memory care community in Longview, Texas, marking its 25th community and its debut in East Texas. The transition “positions the newly branded Sodalis Longview as a gateway for continued regional growth,” a press release states. “East Texas represents untapped potential …
Transactions Retirement Housing Foundation acquires five communities Retirement Housing Foundation announced it closed on a $10.9 million acquisition of five affordable senior housing communities in Minnesota. The properties, acquired from Ecumen, include Bethel Manor I & II and Winona Shores in Alexandria, Park Villa in Park Rapids and Parmly Lakeview …
Editor’s note: Below is a collection of transactions and financings that include memory care components from September to early December 2024 Anthem Memory Care announced on Oct. 7 it has assumed management of Willow Springs Memory Care in Redding, California. According to a press release, Anthem Memory Care is “managing …
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