PHOENIX, Jan. 5, 2026 –  JLL Capital Markets announced today that it has completed the sale of Thunderbird Senior Living, a 345-unit seniors housing community in Glendale, Arizona.

JLL’s Seniors Housing Capital Markets team represented the seller and procured the buyer. Stellar Senior Living will stay on as the operator. The JLL team was also involved in the 2015 sale of the property.

Most recently renovated in 2018, Thunderbird Senior Living consists of 13 interconnected three-story buildings offering 285 independent living, 40 assisted living and 20 memory care units. All resident units include a dedicated kitchen, private bathrooms and bedrooms. The community offers residents an art room, beauty salon/barber shop, bistro, game room, heated outdoor pool, library, living room/lounges, nature trails, sun decks and a theater.

The property sits on 7.8-acres at 5401 W Dailey St. in the West Valley area of Metro Phoenix. The property is surrounded by numerous retail and dining options, including Arrowhead Town Center and the Metro Center Mall, and is convenient to nearby healthcare facilities, including Banner Thunderbird Medical Center and the Valley of the Sun Rehabilitation Hospital. Thunderbird benefits from a population of close to 100,000 residents aged 65 and older in the primary market area.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.

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For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500 company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 113,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY^SM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.