Jones Lang LaSalle Inc.
10/15/2026 | Press release | Distributed by Public on 10/15/2026 09:22
JLL arranges sale and financing of Pennsylvania seniors housing portfolio
Key Takeaways
• JLL Capital Markets arranged the sale and financing of a seven-property seniors housing portfolio in Pennsylvania
• A joint venture between Almanac Realty Investors and Priority Life Care purchased the assets from ValStone Partners
• A regional lender provided the five-year acquisition loan
PHILADELPHIA, Oct. 15, 2026 - JLL Capital Markets announced today that it has closed the sale and arranged financing for the Pennsylvania Portfolio, a collection of seven assisted living and memory care communities totaling 479 units across Pennsylvania.
JLL's National Senior Housing team represented the longtime owner, ValStone Partners, in the sale to a joint venture between Almanac Realty Investors and Priority Life Care. JLL also arranged a five-year acquisition loan through a regional lender on behalf of the buyer. The communities were previously operated by IntegraCare, a well-regarded regional senior living operator with a proven track record across Pennsylvania, Maryland and Virginia. The portfolio was operating with excellent margins and occupancy levels at the time of sale.
The Pennsylvania Portfolio is 100% private-pay, market-rate and includes properties across diverse Pennsylvania markets. The communities feature an average vintage of 1999 and have received substantial reinvestment, with ownership completing over $8.8 million in capital improvements since 2020, enhancing quality, functionality and resident experience while minimizing near-term capital needs. Amenities at the properties include restaurant-style dining, fitness centers, a theater, beauty salon, library and reading room, outdoor terraces or patios, community transportation and a calendar of social, religious, recreational and educational programming.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources, please visit JLL's newsroom.
About JLL
JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 112,000 as of June 30, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.
About Almanac Real Estate
Almanac Real Estate ("Almanac"), the private real estate platform of Neuberger, is a leading provider of growth capital to private and public real estate companies. Originally founded in 1981 under the name Rothschild Realty, Almanac partners with established owner-operators in all sectors of the real estate market to accelerate company growth and has committed more than $9.8 billion in capital to 60 real estate companies, both private and public, throughout North America. For more information, visit www.nb.com.
About ValStone Partners
ValStone Partners is a Birmingham, Michigan and Baltimore, Maryland-based private equity investment firm focused on alternative investments, including direct real estate and commercial real estate loans across a variety of asset classes, including senior housing. Since its inception in 1998, the company has completed transactions with an aggregate stated value of more than $1.2 billion.
About Priority Life Care
Priority Life Care is a family-owned provider of senior living communities that specializes in assisted living and memory care. To learn more, please visit: www.prioritylc.com.
Jones Lang LaSalle Inc. published this content on October 15, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 15, 2026 at 15:23 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]