American Capital Group, Artemis Real Estate Partners add independent senior living projects

American Capital Group (ACG), Artemis Real Estate Partners and MorningStar Senior Living have completed the acquisition of two independent senior living development projects situated adjacent to the previously announced Lifebridge Kirkland Apartments in Kirkland, Wash., and the Amberglen Apartments in Hillsboro, Ore. The projects will operate under the brand names MorningStar Senior Living of Kirkland and MorningStar Senior Living of Hillsboro, respectively.

MorningStar Senior Living of Kirkland will offer 151 independent living units as well as a full-service kitchen, pool, spa, fitness center, and direct access to both private and public walking paths, promoting a healthy lifestyle for its senior residents. The community is less than a mile from Evergreen Medical Center, the No. 4-ranked hospital in Washington, and within a 10-mile radius of 11 hospitals offering emergency services. In spite of rapid population growth in the Kirkland area, no additional independent senior l