Clarion Partners Executes $1 Billion in Strategic Healthcare Real Estate Transactions Across Multiple High-Growth Markets

NEW YORK--(BUSINESS WIRE)--May 18, 2026--

Clarion Partners, LLC (“Clarion”), a leading real estate investment manager and partially owned subsidiary of Franklin Templeton, has announced that it has recently executed on more than a dozen highly curated single-asset healthcare investments totaling over $1 billion.

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The transactions expand Clarion’s national healthcare footprint and deepen its relationships with established operators in key growth markets. They also underscore Clarion’s continued conviction in the healthcare real estate sector, supported by favorable demographic trends and resilient demand for the essential services delivered within these assets, in both residential and retail formats.

Clarion’s high-caliber healthcare real estate portfolio now includes:

The Firm now collectively oversees more than $4.6B healthcare-related assets, including ~2.5 million sq. ft. of well-located Life Science assets secured by long-term leases to prominent pharmaceutical companies.

“We are pleased to have completed these acquisitions, reflecting our disciplined investment approach and deep sector expertise,” said Clarion President Josh Pristaw. “Healthcare real estate continues to present compelling opportunities, particularly in senior housing and post-acute care, where demographic trends and evolving patient needs are driving long-term demand. We believe these properties are well positioned to deliver durable income and attractive risk-adjusted returns for our investors.”

Recent deals have involved maintaining or onboarding leading senior housing operators including Experience Senior Living, MorningStar Senior Living, Stellar Living, Vitality Living, Clearwater Living, and MBK Senior Living.

“Partnering and growing with a select number of experienced, reliable operators is core to Clarion’s senior living strategy,” said Clarion Head of Healthcare Julie Robinson. “We are pleased to have strong working relationships with this group of high-quality partners.”

Robinson adds, “We remain highly active in evaluating and executing on those assets with the best risk-adjusted returns within the healthcare investment landscape, and we continue to see a robust pipeline of opportunities aligned with our investment criteria.”

Clarion Partners recently published two papers explaining their thesis for the healthcare category, which can be accessed here: A Golden Opportunity for Senior Housing and Healthcare Real Estate: Positioning for the Outpatient Era.

About Clarion Partners

Clarion Partners, an SEC registered investment adviser with FCA-authorized and FINRA member affiliates, has 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 over $72 billion in total real estate and debt assets under management, Clarion Partners offers a broad range of real estate strategies across the risk/return spectrum to 500 institutional investors across the globe. For more information visit www.clarionpartners.com or LinkedIn.

About Franklin Templeton

Franklin Resources, Inc. [NYSE:BEN] is a trusted investment partner, delivering tailored solutions that align with clients’ strategic goals. With deep portfolio management expertise across public and private markets, we combine investment excellence with cutting-edge technology. Since our founding in 1947, we have empowered clients through strategic partnerships, forward-looking insights, and continuous innovations – providing the tools and resources to navigate change and capture opportunity.

With more than $1.7 trillion in assets under management as of January 31, 2026, Franklin Templeton operates globally in more than 35 countries. To learn more, visit franklintempleton.com and follow us on LinkedIn.

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Senior living facility MorningStar of Holly Park, located in the Denver metro area, offers a spectrum of lifestyle options from independent living to memory care.

ACWORTH, Ga. (AP) — Georgia Rep. Mike Collins, who wants to take on Democratic Sen. Jon Ossoff in November, happily calls himself a warrior for President Donald Trump and his “Make America Great Again” movement.

Although it's a sensible calling card for anyone vying for a Republican nomination these days, even some of his supporters have a few concerns ahead of Tuesday's primary.

Gary Waldrep, a local party committee chairman, asked Collins at a recent campaign stop how he was going to win over at least a few of the “middle-of-the-road” voters who may have been turned off by Trump.

The question reflected Republican anxiety about the party's chances in Georgia, where Democrats have demonstrated strength in recent U.S. Senate elections and Ossoff is no longer considered as easy of a target as he once was.

“I watch the polls just like everybody else,” Waldrep said. “I know it’s going to be close.”

Collins is competing for the Republican nomination with Rep. Buddy Carter and Derek Dooley, a lawyer and former college football coach who is backed by outgoing Georgia Gov. Brian Kemp. Trump has not endorsed a candidate, raising the likelihood of a June 16 runoff that would burn more time and money before the party can focus on defeating Ossoff.

If Ossoff loses, Democrats have almost no chance of winning a Senate majority. He's the only senator from his party running for reelection in a state that Trump won two years ago.

Trump carried Georgia in two out of his three campaigns. Republicans control the Atlanta statehouse. But in the last six years, Ossoff and Sen. Raphael Warnock have won a combined three Senate contests, each time defeating a Republican who pledged fealty to Trump.

For this year's campaign, Kemp rebuffed Senate Republican leaders' encouragement to challenge Ossoff and declined to endorse either Collins or Carter. Instead, he recruited Dooley, a childhood family friend who is the son of legendary coach Vince Dooley, and tried to convince Georgia Republicans to take a chance on the first-time candidate.

“My goal is here is to win our Senate seat back,” Kemp said Friday as he introduced Dooley at a gun store in Douglasville. “We need a political outsider to do that.”

Dooley, 57, said in a recent interview that there are few if any policy differences among the candidates, “and so electability is everything.” And in his television advertising, he attempts to split the difference between Trump's base and the broader electorate.

“I’m gonna work with President Trump, but for you,” he tells voters in one spot.

Collins, 58, is a two-term House member who owns a trucking company and boasts of a “grassroots operation out there pounding the pavement across this state.”

The second-term House member has the advantage of representing a district east of Atlanta, putting him in the media market of the state’s population center. And he sponsored the Lakin Riley Act, named for a Georgia nursing student killed by a man who was also charged for being in the U.S. illegally. The law, signed by Trump last year, requires that immigrants accused of a range of crimes be held without bond.

“I have proven that I can deliver for the state of Georgia,” Collins said in Acworth. “I can even do it with bipartisan legislation. And I never compromise my conservative values.”

Collins also has a brash social media presence has both boosted his identity as a firebrand in Trump's mold and drawn criticism. Among his most controversial posts was sharing a video in 2024 of University of Mississippi students, nearly all of them white males, taunting a Black woman.

“Ole Miss taking care of business,” Collins wrote.

Carter is in his sixth term but represents a Savannah-based district, a less populous corner of Georgia that's rarely a launching pad for statewide campaigns. He's pulled back on advertising in the closing weeks before the primary, suggesting that he's lacking adequate financial support.

The 68-year-old pharmacist has targeted a House ethics investigation into whether Collins abused taxpayer funds by hiring the girlfriend of his former chief of staff — now his campaign adviser — for work that the woman allegedly did not perform.

“If taxpayers can’t trust you to properly steward their money, how can they trust you to be a U.S. senator?” Carter asked Collins in a recent debate.

“Buddy,” Collins shot back, “I can tell through the voice that you know how the polling is going out there.”

Dooley, meanwhile, is attempting to vault over his more experienced competitors.

“I come from a whole different world than they come from,” he said. “Both of those guys represent everything that I’m running against. I want to change how Washington does its business, and I want people up there for the right reasons.”

Kemp ran through a list of first-term Republican senators who did not hold elected office before, including Ohio's Bernie Moreno, Montana's Tim Sheehy and Pennsylvania's Dave McCormick.

“If you look around the country where Republicans have been successful beating Democratic incumbents, it has been political outsiders that have been victorious,” Kemp said.

The point, Dooley said, is that “you've got to have somebody that's going to stay on offense" without having a record to defend.

“It comes down to who can beat Jon Ossoff,” he said.

Barrow reported from Douglasville and Atlanta.

Gov. Brian Kemp speaks during a campaign stop for Republican U.S. Senate candidate Derek Dooley at Farmview Market in Madison, Ga., on May 8, 2026. (Arvin Temkar/Atlanta Journal-Constitution via AP)