Immanuel, an Omaha-based operator of retirement communities, has bought Clark Jeary Retirement Community near 33rd Street and Yankee Hill Road.
Terms of the deal were not disclosed, but a filing with the Lancaster County Register of Deeds put the price of the 122-unit senior living facility at $22.9 million.
The facility was built in 2006 and expanded in 2014. It offers independent living, assisted living and memory care.
Immanuel, which also owns The Landing in Lincoln, said in a news release that the two organizations are "like-minded," and it made sense to join forces.
“It was clear from the start that Clark Jeary and Immanuel would make an incredible partnership,” Mark Iverson, Immanuel vice president of operations, said in a news release. “Exceptional business practices and aligning missions means continued excellence for community seniors.”
Clark Jeary has been in Lincoln since 1963, when its original retirement home opened at 1313 Eldon Drive.