Franklin Templeton, a global investor and its specialist investment manager, Clarion Partners, announced that Clarion Partners has acquired The Grand at Spokane, a newly delivered luxury senior living community and full-continuum senior care facility located in the Spokane, Wash., area.
The acquisition was made on behalf of one of Clarion’s commingled funds and underscores the firm’s continued focus on high-quality healthcare and specialized real estate investments in demographically compelling markets.
Delivered in 2024 and developed by NexCore Group, The Grand at Spokane (formerly The Gallery at Spokane) is a luxury 137-unit, purpose-built senior care community offering independent living, assisted living and memory care services. The property is fully licensed and designed to support residents as their care needs evolve, allowing for continuity of care within a single community.
The Grand at Spokane features modern construction, a unique architectural des
