RALEIGH, N.C. — PruittHealth has broken ground on its $385.5 million redevelopment project at The Oaks at Whitaker Glen, a continuing care retirement community in Raleigh. The project that will… The post PruittHealth Breaks Ground on $385.5M Redevelopment at The Oaks at Whitaker Glen in Raleigh appeared first on Seniors Housing Business ..read more

OAKLAND COUNTY, Mich. — Walker and Dunlop Investment Sales (WDIS) has arranged the sale of Blossom Village, Blossom Ridge and Blossom Springs, a senior living portfolio located in Oakland County,… The post Walker & Dunlop Brokers Sale of Three-Property Portfolio in Michigan appeared first on Seniors Housing Business ..read more

DALLAS — Buckner Retirement Services, a Dallas-based nonprofit operator, has named Alyssa Adam as senior director of sales.  In her new role, Adam is leading community sales teams, implementing sales… The post Buckner Retirement Services Hires Alyssa Adam as Senior Director of Sales  appeared first on Seniors Housing Business ..read more

LAS VEGAS — Senior Living Investment Brokerage (SLIB) has arranged the sale of Sterling Ridge Living, a 122-unit independent living, assisted living and memory care facility in Las Vegas, Nevada.  The community was built in 1974 and was most recently renovated in 2023. The community totals 89,719 square feet on 2.37 acres.  The community offers 22 independent living units, 74 assisted living units 26 memory care units totaling 152 beds. The seller is a private equity firm that sought to exit its fund and the senior living industry. The buyer is a private owner-operator that divested ..read more

NAMPA, Idaho — The Zett Group, led by Blake Bozett, has arranged the sale of Streamside Assisted Living and Memory Care in Nampa, approximately 20 miles west of Boise.  The property features 79 total units. A regional owner-operator based out of Oregon sold the asset to a national owner-operator from California looking to expand its footprint in the state Idaho. The price was not disclosed. The post Zett Group Negotiates Sale of 79-Unit Streamside in Nampa, Idaho appeared first on Seniors Housing Business ..read more

ROCHESTER, Minn. — Anthem Memory Care has promoted Tiffany Bell to executive director for Cascade Creek in Rochester, approximately 100 miles southeast of Minneapolis.  Bell most recently was life engagement director for Cascade Creek. Previously she was life enrichment director for Prairie Meadows Senior Living in Kasson.  The certified dementia practitioner brings over 23 years of senior living experience to this position. She received a bachelor’s degree in psychology with a minor in gerontology and family studies from University of Wisconsin-Eau Claire. The post Anthem Appoints T ..read more

ALPHARETTA, Ga. — Berkadia has arranged the sale of an 85-unit assisted living and memory care community in Alpharetta, a suburb north of Atlanta.  Mike Garbers, Cody Tremper, Dave Fasano and Ross Sanders led the Berkadia team in representing the seller, a publicly traded REIT. The asset, part of a three-property portfolio, was purchased by a regional owner/operator. The first two properties in the portfolio closed in May. The price and other details were not disclosed. The post Berkadia Brokers Sale of 85-Unit Community in Alpharetta, Georgia appeared first on Seniors Housing Business ..read more

CLERMONT, OCOEE and OVIEDO, Fla. — Atlas Senior Living and affiliate company Salta Capital have acquired three senior living communities in the Orlando suburbs of Clermont, Ocoee and Oviedo.  The communities, which offer assisted living and memory care services, have consistently maintained high occupancy rates, according to Atlas. Atlas and Salta plan to implement a $1.5 million renovation plan across the properties. These capital improvements aim to enhance the living standards and amenities. The post Atlas Senior Living Acquires Three Communities in Metro Orlando appeared first on Seni ..read more

PITTSBURGH — Tryko Partners has opened Cedarwood Homes, a 46-unit affordable seniors housing community in Pittsburgh’s West End neighborhood. The community is already nearing full occupancy, according to the developer. The community features 39 apartments for those age 62 and over with incomes up to 60 percent of the area median income, as well as seven market-rate apartments with the same age criteria.  The project is a redevelopment of Pittsburgh’s former Fairywood School site. Key agencies contributed to the project’s viability, including 9 percent Low-Income Housing Tax Credit awarded ..read more

PHILADELPHIA — Blueprint Healthcare Real Estate Advisors has brokered the sale of a Class A skilled nursing facility in the Philadelphia area. Built in the early 2000s, the facility underwent a significant renovation project in 2022. The property is a Medicare-only community. The seller was an institutional private equity firm. The incumbent operator was a seniors housing-focused manager also providing lower acuity senior care services on the adjacent campus. A regional owner-operator looking to expand in the region acquired the asset for an undisclosed price. Michael Segal, Jacob Gehl, Dillon ..read more