MorningStar Senior Living announced this week an expanding relationship with Clarion Partners, a leading real estate investment company and specialty investment manager of Franklin Templeton, in its acquisition of Holly Park, a premier Class-A senior housing property located in Centennial. The transaction further advances Clarion Partners’ strategy of investing in high-quality senior housing communities alongside exceptional operating partners in demographically advantaged markets.
Says Ken Jaeger, founder/CEO of MorningStar, “We are proud to expand our relationship with Clarion Partners through their acquisition of our beautiful community in Centennial. The transition of Holly Park reflects a shared commitment to quality, positioning these community to thrive while we continue delivering MorningStar’s distinctive standard of service.”
Opened in 2024, MorningStar at Holly Park is a 160-unit independent living, assisted living and memory care community that reached 90% occupancy in nine months, a record-setting lease-up velocity. Today, it runs fully occupied with an extensive waiting list.
“We are pleased to add this high-quality senior living community in the Denver area to our growing healthcare portfolio, “said Julie Robinson, Clarion Partners head of healthcare. “This acquisition reflects not only the strength of this individual asset, but also our broader conviction in the senior housing sector. It represents the latest in an active pipeline of opportunities where we see compelling fundamentals and the ability to deliver long-term value.”
The community is a testament to prioritizing servant-leadership, proprietary programming, and the array of standards that have made MorningStar a well-respected brand in senior housing for the last 22 years. It offers a continuum of care and delivers a comprehensive resident experience tailored to evolving lifestyle and healthcare needs, including high-quality interior finishes, multiple dining venues, fitness and therapy spaces, landscaped courtyards, and a variety of social and wellness areas designed to promote engagement and comfort. The property also benefits from proximity to retail and medical services as well as convenient regional connectivity, enhancing both resident quality of life and accessibility for families.
The collaboration of MorningStar and Clarion Partners reflects their shared commitment to today’s seniors through operational excellence and outstanding resident service. Jaeger added, “Together we’re bringing even greater strength and innovation to MorningStar at Holly Park—as we elevate life for those who taught the rest of us how to live.”
