AgeWell Senior Living announced today that it will continue serving as the management company for Sonata Viera and Sonata East at Viera following the successful sale of the two senior living communities. The transaction marks another milestone in AgeWell’s longstanding relationship with National Healthcare Properties (Nasdaq: NHP) and reinforces the organizations’ shared commitment to long-term value creation through highly collaborative execution and exceptional care to residents.
The continuation of AgeWell’s management responsibilities ensures uninterrupted operations at Sonata Viera and Sonata East at Viera following the ownership transition. Residents, families, team members, and referral partners will continue to benefit from the same experienced leadership team and operational platform that has guided the communities since they joined the AgeWell portfolio.
“This successful transaction reflects the strength of our partnership with National Healthcare Properties and the confidence they continue to place in AgeWell as their operating partner,” said David Mills, President and Chief Operating Officer of AgeWell Senior Living. “Ownership transitions require experienced execution, disciplined operations, and a focus on maintaining stability for residents, families, and team members. We are proud to continue leading these communities and building upon the momentum we’ve established.”
The transaction highlights AgeWell’s growing reputation as a management company capable of supporting acquisitions, dispositions, ownership transitions, receiverships, and portfolio growth while maintaining operational consistency throughout periods of change.
Together, Sonata Viera and Sonata East at Viera provide a complementary continuum of senior living services, including independent living, assisted living, and memory care. Under AgeWell’s management, both communities will continue operating under their established brands while benefiting from the company’s operational platform, clinical oversight, sales and marketing expertise, and leadership development programs.
“As we continue to grow our healthcare real estate portfolio, we remain focused on partnering with experienced operators who share our commitment to operational excellence and long-term asset performance,” said Lindsay Gordon, Executive Vice President, Head of Senior Housing for National Healthcare Properties. “AgeWell has been a trusted partner throughout this transition, and we are pleased to continue working together at Sonata Viera and Sonata East at Viera.”
The continuation of AgeWell’s management responsibilities reflects the company’s strategic focus on partnering with institutional owners, REITs, lenders, and investors to maximize community performance while maintaining a resident-centered operating philosophy. Today, AgeWell manages communities across multiple states and continues to expand through new management partnerships, acquisitions, and strategic transitions.
About Agewell senior living
AgeWell Senior Living established its operations in 2009 as a Florida-based senior living management organization that provides top-quality service to residents and their families, team members, and owners. The company has received national Great Place to Work® recognition for nine consecutive years because of its people-oriented approach and dedication to outstanding performance.
AgeWell Senior Living implements successful aging principles to develop innovative solutions that improve resident quality of life and maximize returns for owners and investors. Today, AgeWell operates 39 communities across seven states. To learn more about AgeWell Senior Living and our growing partnerships, visit our partnership page.
ABOUT NATIONAL HEALTHCARE PROPERTIES, INC.
National Healthcare Properties, Inc. (Nasdaq: NHP) is a publicly registered real estate investment trust focused on acquiring a diversified portfolio of healthcare real estate, with an emphasis on seniors housing and outpatient medical facilities located throughout the United States. For more information, visit nhpreit.com.
