News & Insights

Oakwood Real Estate Partners Sells MorningStar at Holly Park

July 1, 2026

We are proud to share the successful sale of MorningStar at Holly Park, a 160-unit, ground-up senior living community in Centennial, CO. Executed in partnership with Edgemark Development and MorningStar Senior Living, this investment reflects what happens when thoughtful development meets real demand.

What we saw: A high-income, supply-constrained submarket with a growing need for quality senior housing.

What we built: A best-in-class community spanning independent living, assisted living, and memory care—designed to serve residents across every stage.

How we invested: We participated both as an LP and alongside our partners at the GP level, creating strong alignment throughout the lifecycle of the investment.

What happened:

  • Rapid lease-up following opening in 2024
  • Stabilized at ~97% occupancy
  • Built a 140+ resident waitlist
  • Operating performance consistently exceeded expectations

Why it worked:

  • Disciplined site selection
  • Institutional-quality development
  • Best-in-class operating partner

This is exactly the type of outcome we’re focused on—creating high-quality assets that meet real needs in growing markets.

Grateful to Edgemark Development and MorningStar Senior Living for an outstanding partnership.

If you would like more information on Oakwood Real Estate Partners, please contact info@oakwoodre.com or 303.595.7668.

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