CB Richard Ellis Senior Housing Services announced that Hearth Management purchased Kensington Green of Southbury Senior Living Community for $17,199,000. The senior living community, which is located in Southbury, Connecticut, includes 120 total units with 96 assisted living and 24 Alzheimer care units. Established in Binghamton, New York in 1988, Hearth Management currently operates 10 senior living communities in New York, Connecticut and Indiana.
David Rothschild, Matthew Whitlock and Mary Christian of CB Richard Ellis’ national Senior Housing Services Group represented the seller, an affiliate of Salem, Oregon-based Sunwest Management. Hearth Management represented itself.