Capital Senior Living Corp. Buys Mo. Senior Living Community for $22 Million

An affiliate of Capital Senior Living Corporation (NYSE:CSU) recently acquired a senior living community in Springfield, Mo., for $22 million.

The Montclair, a 159-unit independent living community built in 1988, was sold by Montclair Limited Partnership.

The five-story, 181,496-square-foot community is located on about 6.71 acres.  At time of closing, The Montclair had an occupancy rate above 90%.

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CLW Senior Housing, a division of CLW Real Estate Services Group, represented the seller. 

Written by Alyssa Gerace

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