Successful strategic exit by institutional JV ownership underscores continued strong investor demand for Florida senior housing
Jacksonville Beach, FL, March 11, 2026 – Continuum Advisors, a national senior housing investment sales and advisory firm, today announced the sale of Beach House Assisted Living & Memory Care (aka Beach House Senior Living), an 84-unit senior living community located in the heart of Jacksonville Beach, Florida. Continuum Advisors was exclusively retained to represent an institutional joint-venture ownership group.
(Beach House Assisted Living & Memory Care, Jacksonville Beach, FL; high-resolution image courtesy of Continuum Advisors)
Built in 2014, Beach House offers 64 assisted living units and 20 memory care units in the highly supply-constrained coastal enclave of Jacksonville Beach, boasting strong demographics, high barriers to entry and proximity to top-tier healthcare systems. The community features contemporary design with the unique feature of offering generous and well-appointed common areas across all three floors of the building.
“The sale of Beach House exemplifies the surge of new capital into the senior housing space, with the buyer being a newly formed investment firm seeking to capitalize on the compelling supply-demand macro trends in the industry,” said Jay Jordan, co-founder of Continuum Advisors. “Investors remain highly focused on robust retirement markets like Florida, especially in supply-constrained submarkets where demographic trends and supply constraints strongly favor the long-term.”
Situated on a barrier island surrounded by some of the most affluent coastal communities in Northeast Florida, Beach House benefits from immediate access to Jacksonville’s healthcare corridor, including Baptist Medical Center Beaches and Mayo Clinic’s Jacksonville campus, as well as long-term demographic tailwinds driven by sustained migration and an aging retirement population.
“Florida remains one of the most compelling long-term retirement destinations in the U.S., and senior housing is increasingly viewed as a highly favored area of capital allocation among investors,” added David Kliewer, co-founder of Continuum Advisors. “As fresh capital continues to pour into the senior housing space, owners are well-positioned to benefit.”
“We are thrilled with the work that Continuum performed on this complex transaction. Senior Living extends past simple real estate insofar that you are dealing with a living breathing operating business and also have the massive responsibility of preserving the health, safety, and happiness of the residents. As such, Continuum displayed a breadth of knowledge in both the financial aspect of the transaction as well as the detailed nuances of the operating business. We look forward to doing more work with Continuum on both the buy and sell side of the transaction” said Peter Auerbach, Managing Member of Auerbach Opportunity Fund IV, LP, the major stakeholder of the buyer group.
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 by average transaction size, with more than $1 billion in career sales in Florida alone. Nationally, Continuum Advisors’ co-founders have closed 210 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 205 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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(Beach House Assisted Living & Memory Care, Jacksonville Beach, FL; high-resolution image courtesy of Continuum Advisors)
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