PRESCOTT, AZ-Five Star Quality Care Inc. has expanded its footprint in Arizona, buying a 116-unit senior housing community here for $25.6 million. The property, Granite Gate, is located in the picturesque Granite Dells and was previously a luxury resort.

Five Star Quality Care, an assisted living operator based in Newton, MA, was one of several organizations that were interested in buying Granite Gate, according to Ryan Maconachy, a senior housing specialist with ARA. He and Chad Lavender represented the seller, Utah-based Granite Gate Retirement Community LLC.

“Five Star Quality Care has five other assets in Arizona, and those assets are definitely higher end,” Maconachy notes. “Granite Gate fit nicely in their portfolio.”

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