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Clarion Completes First Seniors Housing Acquisition, Buys 103-Unit Community in Metro Richmond

Summary by REBusinessOnline
MECHANICSVILLE, VA. — Investment firm Clarion Partners has acquired Sancerre at Atlee Station in Mechanicsville, marking the first seniors housing acquisition for the New York City-based company. NexCore Group sold the property for an undisclosed price. Experience Senior Living, a subsidiary of NexCore, will continue to operate the community. Opened in September 2023, Sancerre at Atlee Station totals 103 units, with independent living, assisted …
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REBusinessOnline broke the news in on Thursday, October 9, 2025.
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