Tuscan Gardens of Palm Coast attracted multiple offers amid strong buyer demand for seniors housing in the Sunshine State
Palm Coast, FL, March 12, 2026 – Continuum Advisors (“Continuum”), a national senior housing investment sales and advisory firm, today announced the sale of Tuscan Gardens of Palm Coast, a 130-unit assisted living and memory care community located in one of the fastest-growing senior markets in Northeast Florida.
Built in 2018 just a mile from the Atlantic Ocean, the 11.4-acre campus features a modern design, attractive finishes, and large unit sizes, with nearly 90 percent of the assisted living units offering one- or two-bedroom layouts. The unit mix includes 86 assisted living units and 22 memory care units, along with 22 enhanced assisted living units serving as a bridge between assisted living and memory care. The community delivers an amenity-rich lifestyle, offering multiple dining venues and indoor and outdoor activity spaces.
Tuscan Gardens is located in the fast-growing northeast Florida community of Palm Coast, just off the I-95 corridor halfway between St. Augustine and Daytona Beach, south of Jacksonville and northeast of Orlando. The 135,000+ sq. ft. property is situated within a high-income and seniors-dense Palm Coast enclave where nearly 35 percent of residents within five miles are age 65+.
Continuum Advisors was exclusively engaged to market the community for sale on behalf of William G. King, in his role as Receiver. Co-Founders Jay Jordan and David Kliewer led the court-approved sale process, which generated exceptionally strong investor interest and resulted in more than 15 written Letters of Intent and multiple rounds of bidding.
“Tuscan Gardens drew a robust and highly qualified pool of prospective purchasers,” said Jay Jordan, Co-Founder of Continuum Advisors. “The level of competition signifies both investor conviction in Florida’s long-term demographic strengths and the appeal of such a new vintage, high-quality asset as this.”
Since transitioning to new management under AgeWell Solvere Living (“AWS”) in mid-2023, Tuscan Gardens demonstrated a substantial operational turnaround, with occupancy rising from 65% to 82% at the time of marketing, and NOI improving from a net operating loss to profitability. The buyer – funds managed by affiliates of Fortress Investment Group – will retain AWS as manager.
“As Receiver, our priority was to preserve stability at the community while achieving the strongest possible outcome for all stakeholders,” said William G. King, founder of WK Financial, LLC. “Continuum Advisors has a long-standing reputation as the trusted advisor for maximizing value in distressed and special-situation senior housing sales, and their experience proved invaluable in delivering a highly successful outcome.”
Continuum Advisors continues to strengthen its position as one of the most active seniors housing brokerages in the U.S. In Florida, the firm ranks among SeniorCare Investor’s Top 5 senior housing brokerages in average transaction size, with more than $1 billion in career sales in Florida alone.
Nationally, Continuum Advisors’ co-founders have closed more than 200 senior housing transactions across 34 states, with an average transaction size of $45 million.
About Continuum Advisors
Continuum Advisors is a national senior housing investment sales brokerage and advisory firm exclusively representing sellers of senior housing communities across the U.S. Based in Tampa, Florida, the firm is co-led by industry veterans David Kliewer and Jay Jordan, who previously co-headed senior housing investment sales at Truist’s Grandbridge Real Estate Capital and held senior roles at Cushman & Wakefield.
Continuum Advisors delivers award-winning service and trusted expertise, serving a diverse range of clients in the disposition of senior housing communities spanning active adult, independent living, assisted living, memory care, skilled nursing, and large-scale Continuing Care Retirement Communities (CCRCs) / Life Plan Communities. The firm’s array of clients includes publicly traded and private institutional investors, operators, developers, and non-profit sponsors. Continuum Advisors also specializes in highly complex transactions, serving as a trusted sales advisor to lenders, creditors, bankruptcy attorneys, trustees, receivers and restructuring professionals, with more than $1.4 billion in distressed sales closed.
Continuum Advisors ranked among SeniorCare Investor’s ‘Top 5’ senior housing brokerages by average deal size in 2024 and placed in Real Estate Alert’s ‘Top 15’ national multifamily brokerage rankings in 2024 and 2025. Since 2001, the principals of Continuum have successfully closed more than 200 transactions across 35 states, with an average transaction size of $45 million.
Discover how Continuum Advisors can navigate your most challenging senior housing transactions with precision and expertise. Visit continuum-adv.com to learn more.
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