Harbert Management Corp. (HMC) has sold five senior housing communities across three separate transactions, representing an aggregate transaction value of $455 million. The three sale transactions closed on July 1, 2026.
The sales total 811 units encompassing nearly 1 million square feet of independent living, assisted living and memory care communities across four states. The portfolio includes MorningStar of Albuquerque, a 69-unit assisted living and memory care community in Albuquerque, N.M.; MorningStar of Wheat Ridge, a 64-unit assisted living and memory care community in Denver; Carlisle Naples, a 350-unit independent living and assisted living community in Naples, Fla.; Tradition Prestonwood Independent Living, a 215-unit independent living community in Dallas; and Tradition Prestonwood Assisted Living, a 113-unit assisted living and memory care community in Dallas.Tradition Prestonwood Assisted Living: 113-unit assisted living a
