Ventas acquires large multi-state, more than 2,900-unit senior housing portfolio for $725M ($250K/unit)

  • 11/1/2024

|

IREI
• Tag:
• Additional Filters-Subcategory: , ,

Ventas has acquired a senior housing portfolio consisting of 20 communities from Chicago Pacific Founders, a healthcare investment firm. The 20 communities encompass more than 2,900 senior housing units across 14 states. The transaction is valued at $725 million. This portfolio encompasses a diverse mix of independent living, assisted living and memory care communities located in strategic markets known for strong and growing demand for senior living. These communities feature a variety of amenities such as restaurant-style dining, fitness and wellness spaces, pools, spas, and theaters, offering residents premium care and lifestyle experiences.

Ventas, Inc. (NYSE: VTR)
Julie Robinson | SVP, Investments

Additional Filters

Subcategory
Tags