Sunrise Assisted Living Facility Sells For $27 Million

The Westchester of Sunrise assisted living facility sold for $26.66 million as part of a three-property portfolio deal.

HTA – E Florida LTC LLC, an affiliate of Nashville-based Healthcare Realty Trust sold the 120-bed, 127,846-square-foot assisted living facility at 9701 W. Oakland Park Blvd. to Sunrise FL Propco LLC, an affiliate of New Jersey-based Portopiccolo Group.

Oxford Finance provided $82.4 million in financing to the buyer for the Sunrise property, along with recently acquired assisted living facilities in Jacksonville and Winter Park.

Source: SFBJ

January 29, 2024/by ADMIN

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