Anthology Senior Living Forms Joint Venture Partnership and Strategic Alliance with FDG to Develop Anthology of Beaverton

Anthology Senior Living (“Anthology”), the dedicated senior living platform of CA Ventures (“CA”), today announced the closing of a joint venture partnership to develop a 207,169-square-foot senior living community in Beaverton, Oregon. In addition to serving as development partner, Anthology will manage the property, expanding its owned/​operated portfolio to 39 senior living communities across the U.S. Anthology expects to deliver the community in the second quarter of 2024. 

We are pleased to celebrate the closing of the Anthology of Beaverton transaction – a milestone that represents the strategic expansion of Anthology’s presence across the West,” said Anthology Senior Living president Michael Berman (CFA). We look forward to watching the future success of the community as we enter one of the fastest growing cities in the U.S.”

Situated on a 5.5‑acre parcel outside of Portland, Anthology of Beaverton will consist of 206 luxury independent living, assisted living and memory care units complete with modern finishes. Residents will also benefit from an extensive amenity package, including a bistro/​bar, fitness center, theater, game room and beauty salon, among others. The community is located just minutes away from the Tanasbourne shopping district, which includes a Whole Foods, Starbucks and Macy’s, in addition to other recognized shopping and dining locations. Major employers within close proximity of the community include Nike World Headquarters and Intel. 

The transaction also marks the beginning of Anthology’s strategic alliance with Formation Development Group (FDG), having contributed to the project as one of its GP investors. Anthology and FDG hope to further bolster their partnership through the co-sponsorship and development of future projects together. 

Today, Anthology owns communities in 39 locations across 15 states in the U.S. Anthology anticipates the delivery of an additional seven projects totaling 950 units over the next two years.