The assets are primed to take advantage of a growing cohort of affluent 75-and-older seniors in each market.
Funds managed by affiliates of Fortress Investment Group have sold Sonata Boca Raton and Sonata Vero Beach, a pair of southeast Florida senior housing communities totaling 178 units. The seller was represented by JLL’s Seniors Housing Capital Markets team.
A buyer and sale prices were not disclosed.
According to reporting from McKnights Senior Living, Fortress bought both properties from Healthpeak in April of 2021, following the latter company’s large-scale divestment from the sector. Agewell Solvere Living will remain the operator at both communities following the trade…