Confluent Senior Living recently closed the sale of three of its MorningStar Senior Living communities in Iowa, Oregon and New Mexico.
Previously the owner of the projects, Confluent Senior Living co-developed each community with its operating partner MorningStar Senior Living. MorningStar will maintain its role as operator for the communities. CBRE brokered the deal on behalf of Confluent Senior Living.
In West Des Moines, Iowa, the MorningStar at Jordan Creek community opened in March 2018. The 71,000-square-foot community provides 85 assisted living and memory care suites.
Located in the Portland, Oregon suburb of Beaverton, the MorningStar of Beaverton community opened in November 2018. The 97,000-square-foot community features 104 suites for assisted living and memory care.
Santa Fe, New Mexico saw the opening of the MorningStar of Santa Fe community in January 2019. The 71,000-square-foot development includes 85 assisted living and memory care suites.
Confluent Senior Living’s portfolio includes 20 total communities in 10 states across the country. With five communities currently under construction as well as five others in the design and entitlement phase, the senior living developer continues to build its footprint to fill the gap in senior housing in communities across the country.