Senior Housing News July 24, 2024
Transactions
Atlas acquires three Orlando communities
Atlas Senior Living and affiliate company Salta Capital announced it acquired three senior living communities in Orlando, Florida submarkets on July 22.
According to a press release, the acquisition “underscores Atlas Senior Living’s commitment to expanding its footprint and enhancing senior living solutions in Florida and the Southeastern U.S.”
Following the acquisition, Atlas announced it is planning $1.5 million in renovations across the three communities.
SLIB closes on New Vegas community
Senior Living Investment Brokerage facilitated the sale of Sterling Ridge Living in New Vegas, Nevada on July 19.
According to a press release, the community was built in 1974 and received “continually renovations,” the most recent of which was completed in 2023.
The...
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