Cima Acquires 10 Property Assisted Living Portfolio in North Texas

Cima Acquires 10 Property Assisted Living Portfolio in North Texas

Cima Acquires 10 Property Assisted Living Portfolio in North Texas

Cima Investment Group is pleased to announce the successful closing of a 10-property, 359-unit senior housing portfolio across the Dallas-Fort Worth and North Texas areas. The assets were acquired directly from Fannie Mae out of receivership at a highly compelling basis, positioning Cima to capture significant value creation through operational improvements and disciplined asset management.

"Our team is ready to hit the ground running," said Romie Galvan, President of Operations at Cima Investment Group. "We will bring the same managerial discipline that has driven results across our other communities, with a focus on resident experience, staff engagement, and community performance."

The communities will benefit from Cima's operational playbook, including enhanced resident programming, upgraded service standards, and the integration of advanced care technologies designed to improve both quality of care and operating efficiency. Cima will also invest in targeted improvements to strengthen each property's positioning within their respective local markets.

The DFW & North Texas submarkets continue to show strong fundamentals for senior housing, driven by sustained population growth, an expanding 75+ demographic, and limited new supply. 

"The unmet demand metrics in these submarkets, coupled with the portfolio’s high in-place occupancy, offer a very strong foundation from day one," said Jonathan Judd, CEO and Founder of Cima Investment Group. "This is exactly the type of opportunity we look for: quality real estate in a growing market, acquired at a basis that leaves significant room for growth."

The acquisition reflects Cima's broader strategy of identifying under-managed, well-located communities where hands-on operations can unlock meaningful upside. It also expands Cima's growing platform, which now includes more than 20 senior living communities across the country and a pipeline targeting continued expansion in the years ahead.

About Cima: Cima Investment Group is a vertically integrated commercial real estate and private equity platform based in Irvine, California. Through its Cima Senior Living brand, the firm specializes in senior housing acquisitions and operational turnarounds. For more information, visit cimaseniorliving.com.

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