ORLANDO, FL – An affiliate of Fortress Investment Group LLC has purchased a five-property senior housing portfolio in Southeast Florida for $64 million.
The buyer purchased the portfolio from an undisclosed seller.
The acquired portfolio totals 444 units. The properties include 80 units in Delray Beach, 92 units in Boynton Beach, 74 units in Boca Raton, 94 units in Coconut Creek and 104 units in Vero Beach.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.