Is memory care licensed separately from assisted living?

It depends on the state. In Arizona, memory care is generally provided by an assisted living facility licensed for directed care services rather than under a separate license type. Confirm the licensing for any specific property with the state agency and your counsel.

How does CCGX value a memory care building?

The same way as other senior housing — real estate and operating business together — with comparisons drawn from buildings delivering similar acuity, and adjustments for staffing and the secured environment.

Healthcare real estate · Senior housing

Memory care real estate.

Name: Crawford Commercial Group
Address: Scottsdale, AZ, 85260, US
Telephone: (480) 766-2973
Price range: $$$$

Advisory for memory care communities and assisted living buildings with secured memory care — part of the CCGX senior housing practice and supported by the Assisted Living Market Desk.

Request a confidential valuation Share buyer criteria

Brokered by eXp Commercial, LLC · Licensed in Arizona

Overview

Same license, different business.

Much of the memory care we see sits inside assisted living: a secured wing in a community, or a residential home serving residents living with dementia. It can share a license with the building down the street and still be a very different operating business.

CCGX treats memory care as part of the senior housing practice. We use the same data and tools as the Assisted Living Market Desk, and adjust the underwriting for what makes memory care different.

Who we serve

Owners of assisted living with a memory care wing or dementia-focused residential homes
Operators adding memory care capacity
Investors underwriting a memory care acquisition

How we underwrite it

What we look at.

Acuity and pricing
Care levels delivered and how rates reflect them. Compare against buildings at the same acuity, not just the same license.
Staffing
Memory care typically needs a heavier, more trained staffing model; we look at what the current model costs and whether it holds.
Secured environment
Physical plant, egress and security features — and what a buyer would have to invest.
Licensing scope
Whether the license covers the care being delivered, and what a change of ownership will need.

Market transactions

Recent trades in the market.

Reported transactions from the CCGX Market Wire, filtered to this specialty.

Market transactions, not CCGX deals. Closed trades reported in the trade press and tracked by CCGX Research in the Market Wire. CCGX was not a party unless stated. Fields the source did not report are shown as not disclosed.

Date	Property	Type	Price	Per unit	Source
Sep 30, 2026reported	Former Pines at Bluffton (to become Kauhale Bluffton)Bluffton, SC · 61 units	Memory Care	Not disclosed	—	Source
Sep 25, 2026reported	Avalon Memory Care IrvingIrving, TX	Memory Care	Not disclosed	—	Source
Sep 22, 2026reported	Avalon Memory Care Fort WorthFort Worth, TX	Memory Care	Not disclosed	—	Source
Sep 4, 2026reported	Boutique memory care community, San Francisco Bay AreaSan Francisco Bay Area (city not disclosed), CA · 34 units	Memory Care	Not disclosed	—	Source
Aug 17, 2026reported	Two-community memory care portfolioCleveland (submarkets), OH · 96 units	Memory Care	Not disclosed	—	Source
Mar 27, 2026reported	Silver Oaks Memory Care & Crescent Oaks Memory CareMenlo Park & Sunnyvale, CA	Memory Care	$24.3M	—	Source

Full Market Wire in the Deal Lab CCGX track record

Desks and tools

Where to go next.

Research

From CCGX Research.

All research

Market Intelligence · September 2026Assisted Living Costs $5,830 A Month. Or $6,200. The Gap Is The Point.Two respected sources put the national assisted living median $370 a month apart: CareScout at $6,200 and A Place for Mom at $5,830. Both are honest. They measure different things, and on a 60-unit building the choice between them can move an underwritten value by more than $1.5 million — which is why a national median belongs in a market memo, never in a model.

Services for this specialty

Questions

Owner and buyer questions.

Is memory care licensed separately from assisted living?: It depends on the state. In Arizona, memory care is generally provided by an assisted living facility licensed for directed care services rather than under a separate license type. Confirm the licensing for any specific property with the state agency and your counsel.
How does CCGX value a memory care building?: The same way as other senior housing — real estate and operating business together — with comparisons drawn from buildings delivering similar acuity, and adjustments for staffing and the secured environment.

Advisors