Clarion Partners, a leading real estate investment manager and majority-owned investment group of Franklin Templeton, recently announced the acquisition of Clearwater at Sonoma Hills, a premier 94-unit senior living community in Rohnert Park, California. The acquisition further strengthens the firm’s investment in high-quality senior housing assets located in attractive, supply-constrained markets with strong long-term demographic fundamentals.
Built in 2020, Clearwater at Sonoma Hills features 70 assisted living residences and 24 memory care residences with capacity for 100 residents. The approximately 49,000-square-foot community offers a full suite of upscale amenities, including restaurant-style dining, a theater, art studio, fitness center, putting green, landscaped indoor and outdoor gathering spaces, and thoughtfully designed residences that support both independence and personalized care.
The transaction was arranged by CBRE, whose seniors housing investment sales team John Sweeny, Aron Will, and Austin Summy advised on the sale. Clearwater Living will continue as the property’s operating partner, leveraging its established regional presence and resident-focused operating platform to build upon the community’s strong performance.
“Clearwater at Sonoma Hills represents exactly the type of high-quality, institutional senior housing investment we seek—modern construction, exceptional operations, and an outstanding location supported by favorable long-term demographics,” said Clarion Partners Head of Healthcare Julie Robinson. “We are pleased to expand our relationship with Clearwater and look forward to supporting the team as they continue delivering exceptional care and service to residents and their families.”
John Sweeny, Co-Head National Senior Housing of CBRE added, “This transaction highlights the continued demand for well-located, high-performing senior housing communities. Clearwater at Sonoma Hills attracted significant investor interest because of its modern design, strong occupancy, and position within one of Northern California’s most desirable markets.”
“We’re excited to continue managing Clearwater at Sonoma Hills and partnering with Clarion Partners to further enhance the resident experience,” said Danielle Morgan, Chief Executive Officer of Clearwater Living. “Our team remains committed to providing exceptional hospitality, personalized care, and meaningful engagement for every resident.”
Located in California’s Sonoma County, the community benefits from favorable demographic trends, including projected growth in the affluent 80-plus population and limited competitive new supply, positioning the property for continued long-term success.
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