Ziegler closes on portfolio of 6 senior living communities

Share this content:

Ziegler has closed on the sale of the Brentwood Portfolio of six senior living communities located in Indiana and Michigan.

The portfolio consists of 653 rental units, including over 460 assisted living and memory care units, 159 independent living apartments and 30 villas. It was purchased by Griffin-American Healthcare REIT III.

The transaction closed in three phases. Also, Ziegler introduced Griffin-American Healthcare REIT to a third-party management service company that currently manages 21 senior care properties throughout the country.

close

Next Article in Companies

Sign up for newsletters

In Focus

April 25

Wellness goals

Monroe Township, NJ 

Residents at Monroe Village have been staying in shape by playing hockey during the NHL season and the Stanley Cup Playoffs.