Investor Buys $30 Million Senior Housing Complex at Fraction of Cost

An investor who specializes in distressed real estate recently bought an unfinished senior housing complex in Hilliard, Ohio for a fraction of what it cost former owner Erickson Retirement Communities LLC to develop. Alex Dorsey, owner of The Windsor Companies, placed the winning—and sole—bid of $8.26 million for Hickory Chase, a retirement community with a […]