2 retirement communities in Benton County sell for $41 million – Image for illustrative purposes only (Image credits: Pexels)
Benton County – Two established senior living facilities have changed hands in a transaction valued at $41.06 million. The buyer, Chicago-based real estate investment trust Ventas Inc., completed the purchase of the Village on the Park communities in Bentonville and Rogers. The deal closed through Berkadia Seniors Housing & Healthcare, acting on behalf of the sellers.
Breakdown of the Properties and Pricing
The acquisition covers 208 units across two sites located roughly 10 miles apart. Each property provides independent living, assisted living, and memory care services, with additional land available for future expansion.
| Community | Units | Land (acres) | Purchase Price |
|---|---|---|---|
| Village on the Park Bentonville | 107 | 18.71 | $22.63 million |
| Village on the Park Rogers | 101 | 14.2 | $18.42 million |
The combined price equates to approximately $197,408 per unit. Both communities were originally developed as Mt. Carmel projects, with the Rogers site opening in 2015 and the Bentonville site following in 2018.
Key Parties and Ongoing Operations
Harrison Street Asset Management and Bridgewood Property Co. sold the properties. Bridgewood’s management arm, The Aspenwood Co., will continue operating the communities under the new ownership. Ventas, an S&P 500 healthcare and senior housing REIT with holdings across the United States, Canada, and the United Kingdom, now adds these Arkansas sites to its portfolio. The transaction reflects continued investor interest in senior housing assets located in growing markets. Stakeholders include residents who will experience no immediate change in daily operations or management, as well as local employees whose roles remain stable under the new owner.
Ventas’ Recent Performance and Outlook
Ventas reported strong financial results in the first quarter of 2026, with revenue rising 22 percent to $1.65 billion. Earnings increased 19.3 percent to $55.91 million during the same period. For the full year 2025, revenue grew 18.47 percent to $5.83 billion while earnings rose sharply to $251.38 million. Chairman and CEO Debra Cafaro linked the company’s momentum to its senior housing segment and rising occupancy levels. She noted that the nearly 70 million baby boomers beginning to turn 80 in 2026 will drive sustained demand for well-located communities. Ventas has raised its 2026 investment target to $3 billion to capitalize on additional senior housing opportunities. The stock traded at $87.69 on May 8, within its 52-week range of $61.76 to $88.50. These acquisitions position Ventas to benefit from demographic trends while maintaining operational continuity at the two Benton County sites.