Missouri-based NorthPoint Development has sold a 12-property portfolio of senior living companies to CA Senior Living, which is part of Chicago-based development and investment firm CA Ventures.
The seller was NorthPoint Development, which fully exited the senior living sector with the sale.
Previously operated under the Stonecrest brand, the communities now will be operated by Anthology Senior Living. Anthology is the operating arm of CA Senior Living.
CA Senior Living was formed in 2015. It pursues development with operating partners.
