Located within two high-growth suburbs of Nashville, Vitality Living Franklin and Vitality Living Hendersonville offer a nurturing environment for residents to learn, grow, and receive the care, services, and support they require. Vitality Living Franklin is located 16 miles southwest of downtown Nashville and Vitality Living Hendersonville is located 13 miles northeast of downtown Nashville. The Communities are highly amenitized with fitness centers, dining rooms, lounge areas, movie theaters, cafes and more. The Portfolio consists of 256 Assisted Living and Memory Care units.

CBRE National Senior Housing originated a $32.2M, 3-year acquisition loan featuring 2 years interest only to effectuate the acquisition through a regional bank.

Founded in 2016, WCP is a real estate private equity and development firm headquartered in Brentwood, TN. WCP’s investment activities include single tenant build-to-suit, residential development and seniors housing. WCP has developed/acquired 28 communities in the seniors housing space and has executed related transactions valued at over $500M. WCP’s operating company is Vitality Living, a premier regional operator of 27 communities across 10 states.

Founded in 2016, Vitality Living is a Nashville-based senior housing operator which manages assets in Tennessee, Florida, Texas, Alabama, Virginia, Arkansas, Georgia, Mississippi, Oklahoma, and Kentucky. Vitality’s leadership collectively has 200 years of combined senior housing operating experience, including CEO Chris Guay whose background includes executive roles with Emeritus and Brookdale. Vitality maintains an ownership interest in all 27 communities they manage.

This transaction marks the 13th senior housing equity investment by Scribner Capital to go along with three debt investments. Scribner Capital was formed in 2020 during one of the most volatile economic periods in history to provide stable capital to owners, operators and developers of seniors housing and healthcare assets. For nearly 20 years, Principal and Founder James Scribner has been exclusively focused on providing creative and highly-structured capital solutions to the seniors housing and healthcare industry. For more information, visit www.ScribnerCapital.com.
 
Broadview is a real estate investment management company focused on investing in and supporting the growth of small and mid-sized real estate operators and developers. Broadview has invested in, and managed operating platforms focused on property sectors such as senior housing, industrial, affordable housing, life sciences, office, student housing, lodging, and mixed-use projects.