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Clarion Partners Real Estate Investment Fund adds to senior housing holdings with acquisition in Franklin, Tenn.
Transactions - MARCH 3, 2026

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Clarion Partners Real Estate Investment Fund adds to senior housing holdings with acquisition in Franklin, Tenn.

by RELEASED

Franklin Templeton, a global investment leader and its specialist investment manager, and Clarion Partners, announced Clarion Partners Real Estate Income Fund’s acquisition of Vitality Living Franklin, a 126-room senior living property located in the suburb of Franklin, Tenn., a few miles from downtown Nashville.

The community, built in 2014 and renovated in 2023, is one of the few senior living properties in the area. Situated three miles from Williamson Medical Center, residents also have easy access to retail, houses of worship, restaurants and grocers, as well as outdoor amenities including golf, parks and greenway trails. The pet-friendly property offers both assisted living and memory care services.

The community is operated by Vitality Living, a Nashville-based senior living operator with more than 35 communities across the Southeastern U.S. and Texas. Vitality Living brings a disciplined operating platform focused on data-driven performance management, clinic

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