Confluent Development, Ovation Group Sell 168-Unit MorningStar Senior Living at The Canyons in Las Vegas for $83.13M ($495k/unit)

Morningstar, Inc. (Nasdaq: MORN)

Brandon Lesniak | CIO

brandon.lesniak@morningstarseniorliving.com

303-750-5522

Ovation Development Corp.

Alan Molasky | President

alanm@ovationdev.com

702-990-2790

Stonepeak

Phillip Solomond | Senior Managing Director, Head of Real Estate

psolomond@stonepeak.com

212-907-5100

Confluent Development

Celeste Tanner | President/CDO, Confluent Commercial

ctanner@confluentdev.com

303-339-5180