Senior Housing News January 26, 2022
Nick Andrews

Transactions

Senior Living Residences expands to Connecticut

Massachusetts-based Senior Living Residences has taken over management of Ridgefield Station Senior Living, an assisted living and memory care community in Ridgefield, Connecticut.

Ridgefield Station, formerly Atria Ridgefield managed by Atria Senior Living, represents SLR’s first community in Connecticut.

Sales

Grandbridge Real Estate Capital closes dual sales to Convivial

Tampa-based Grandbridge Real Estate Capital announced the sale of a Jensen Beach, Florida-based assisted living and memory care community and an adjacent 11-acre development parcel to Convivial Life, a Florida-based nonprofit organization.

The Cabana at Jensen Dunes is a 126-unit community and the land parcel is fully entitled for more than 210 units of independent living. The combined purchase price was $32.5 million.

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