FOR IMMEDIATE RELEASE
SALT LAKE CITY, Utah – March 30, 2026 – Stellar Senior Living, BLLC is excited to welcome two new communities to our family. These communities include The Grand at Southern Hills in Las Vegas, Nevada and The Retreat at Alameda in Phoenix, Arizona.
The Grand at Spokane in Spokane, Washington has also been restructured, with a new name to reflect this next chapter.
The addition of these communities has bolstered Stellar’s continued growth across the western United States. It has also strengthened Stellar’s partnership with Clarion Partners, a relationship built on mutual trust and shared long-term goals for senior living. Together, these new communities bring Stellar’s senior living vision to nine western states, and to thirteen communities in Arizona. This growth was carefully planned, and it fits well with Stellar’s management strengths and investment strategy.
Stellar is proud to add these unique communities to their growing portfolio. The Grand at Spokane has 137 apartments and offers independent living, assisted living, and memory care. It has been operated by Stellar Living from its beginnings in 2024.
The Grand at Southern Hills, Stellar’s first community in Nevada, has 174 independent living, assisted living and memory care apartments. The Retreat at Alameda has 110 independent living, assisted living and memory care apartments, and expands Stellar’s strong presence in the Phoenix area.
“These transactions reflect the kind of growth we value most, growth built on trust,
alignment, and a shared long-term vision for senior living,” said Ray Henderson, CEO &
President of Stellar Senior Living. “We are grateful for the opportunity to partner with
Clarion Partners across these communities and confident in the strength of the Stellar
team as we continue supporting residents, families, and community team members. Each
of these communities represents an opportunity to build on a strong foundation and deliver
thoughtful, high-quality care in markets where we see lasting demand and meaningful potential.”
Julie Robinson, Clarion Partners Head of Healthcare, is “pleased to expand our healthcare portfolio with these high-quality senior living communities.”
Stellar’s continued growth is supported by an outstanding operating track record and a hands-on approach that has made the company a trusted choice. Stellar is also known for transparency, execution, and consistent results across joint ventures and developments. They have built a strong reputation for revitalizing underperforming communities and improving occupancy, culture, and financial performance. As the senior living sector continues to evolve, Stellar remains grounded in the belief that strong outcomes begin with strong people. The resident experience is shaped first and foremost by the quality, care, and commitment of the teams serving each community every day.
About the Communities
The Grand at Spokane
Formerly The Gallery at Spokane, The Grand at Spokane offers stylish and sophisticated independent living, assisted living, and memory care in Spokane, Washington. This stunning modern community has bright, bold architecture and high-end finishes. And while everything at The Grand feels new, most of their team members have worked in senior living for over 20 years.
The Grand at Southern Hills
The Grand at Southern Hills
The Grand at Southern Hills Assisted Living and Memory Care is Stellar’s first Nevada community. Their full spectrum of care includes independent living, assisted living, and memory care in vibrant Southwest Las Vegas. Abundant amenities include a salon, spa, barber services, movie theater, library, craft room, courtyards, fitness center, and a pet park.
The Retreat at Alameda
The Retreat at Alameda
The Retreat at Alameda offers independent living, assisted living, and memory care in North Phoenix, Arizona. It feels like a classic high-end resort, with high ceilings, calming open spaces, and unique architectural details. Plus, the staff at The Retreat is known for their dedicated and attentive care, with strong connections to residents’ families.
ABOUT STELLAR SENIOR LIVING
Founded in 2012, Stellar Senior Living is a family-owned senior living owner and operator providing independent living, assisted living, memory care, and skilled nursing services across a portfolio of 43 communities throughout the western United States. They have a presence in nine states, including 13 communities in Arizona. Stellar has built a disciplined platform recognized for operational excellence, strategic growth, and a consistent ability to create value across both stabilized and transitional assets.
Stellar is dedicated to building vibrant communities that support the health, happiness, and independence of every resident. They also foster environments where employees can build meaningful careers rooted in purpose and belonging. Through the Stellar Living Foundation, the company extends that commitment beyond its communities by supporting scholarships, creating employment opportunities for individuals with different abilities, and providing hardship assistance for employees, residents, and the broader community.
Stellar is guided by its core values — Service First, Build Trust, Own It, Deliver Excellence, and Spread Joy. This brings a people-centered philosophy to every aspect of its work. For residents and families, that means thoughtful care and trusted support. For investors, lenders, and partners, it means a proven operating model, disciplined execution, and a mission-driven organization built for long-term impact. For more information, visit stellarliving.com.
ABOUT CLARION PARTNERS
Clarion Partners is an SEC-registered investment adviser with FCA-authorized and FINRAmember affiliates. They have been a leading U.S. real estate investment manager for more than 40 years. Headquartered in New York, the firm maintains strategically located offices across the United States and Europe. With more than $72 billion in total real estate and debt assets under management as of December 31, 2025, Clarion Partners offers a broad range of real estate strategies across the risk/return spectrum to 500 institutional investors globally. Clarion Partners is a specialty investment manager of Franklin Templeton. For more information, visit clarionpartners.com or follow the firm on LinkedIn.
