LOUISVILLE, CO—AEW Capital Management, L.P. has acquired the Balfour Senior Housing Portfolio, which consists of three class A properties with a total of 296 units.
AEW acquired the property on behalf of AEW Senior Housing Investors II, L.P. Ryan Maconachy, Chad Lavender, and Campbell Roche of HFF represented Balfour on the sale and also arranged the acquisition financing for AEW through Cornerstone Real Estate Advisers.
The property sits on the east side of Colorado Highway 42 along Hecla Drive and includes The Lodge and The Residences, which are independent-living communities, as well as the Balfour Retirement Community, an assisted-living and skilled-nursing property.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
