Transactions & Financings: Welltower, Healthpeak Reportedly Sell South Florida Communities at Steep Discounts

Welltower sells Florida assisted living facility for $56M Welltower (NYSE: WELL) sold Aston Gardens Assisted Living in Parkland, Florida for $55.7 million, The Real Deal Miami reports. The buyer was Kayne Anderson Capital Advisors. the property is operated by Discovery Senior Living. The property sold for $78 million in 2015. The latest sale marks a […]

New PE Firm Twin Light Acquires 13-Property Senior Housing Portfolio

A newly formed private equity firm made its initial foray into senior housing, and sees an opportunity to work with the operator to unlock value in what is a mostly stable collection of communities. Twin Light Capital acquired 10 Diamond Willow Assisted Living communities across Minnesota, as well as Keystone Bluffs Assisted Living in Duluth, […]