Savannah, GA

SAVANNAH, GA – Atlas Senior Living has acquired two Shepherd senior living communities.

The senior living acquisitions consist of Shepherd Living at Savannah Quarters, a 104-unit independent living, assisted living and memory care community in greater Savannah, GA, and Shepherd Living at The Range in Madison, AL, a 104-unit independent living, assisted living and memory care community.

The newly constructed Class A communities offer resort-style living and more than 15,000 square feet of spa and wellness space. The pet-friendly communities are each situated on more than 10 acres of land, featuring greenhouses, farm-to-table Southern cooking, charitable involvement opportunities and a monthly farmer's market.

Meridian Capital Group managing directors, Ari Adlerstein and Ari Dobkin arranged the acquisition and financing.

Atlas Senior Living, based in Birmingham, AL, has numerous communities throughout the Southeastern US.


➤➤ Join the GlobeSt.HEALTHCARE (formerly RealShare) conference December 3-4 in Scottsdale, AZ. The event will cover the industry's major issues as well as the prevailing and upcoming trends in regulations, space use, budgeting, and technology implementation. Through panel discussions and peer-to-peer networking opportunities, the attendees will gather expert insights on how these factors will affect the development, operation, investment and design of healthcare real estate. Also, be sure to get your nomination in for our healthcare influencer and senior housing influencer feature. Click here to register and view the agenda.


Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.