Senior Housing News August 26, 2024
Management
Legend Senior Living grows portfolio to 60
Legend Senior Living announced it has assumed management of Crescent Fields at Huntingdon Valley, bringing its total up to 60.
According to a press release, Legend has now added 12 communities over the last 12 months.
The transition took place on Aug. 20.
Thrive expands Texas footprint
Thrive Senior Living will be opening a new community in Tarrant County, Texas next year.
According to a press release, the Encore at Heritage-Glen will feature 50 assisted living suites and 25 suites in a memory care neighborhood.
The community is being completed in collaboration with Orison Holdings.
Transactions
SLIB sells 106-unit community
Senior Living Investment Brokerage facilitated the sale of Truewood Taylorsville on Aug....