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Healthpeak Properties CEO Thomas Herzog. (Healthpeak, Sonata)
Healthpeak Properties sold three Palm Beach County facilities that offer assisted, independent and memory care living for a combined $29.3 million.
Deeds show New York-based global investment manager Fortress Investment Group bought the three Sonata-branded centers.
In the biggest deal, the 101-unit facility at 2400 South Congress Avenue sold for $11.4 million. It was built in 1999 on 4 acres and last traded in 2003 for $6.5 million, records show.
Healthpeak also sold the 94-unit facility at 15020 East Tranquillity Lake Drive near Delray Beach for $9.5 million. It was built in 2000 on 4.6 acres and last traded in 2002 for $5.8 million.
The smallest deal was the $8.4 million sale of the 88-unit center at 9591 Yamato Road near Boca Raton. It was built in 2000 on 4 acres and last traded in 2001 for $9.7 million.
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Fortress execs Wesley Edens and Peter Briger with Sonata at 4175 West Sample Road (Getty, Sonata, Google Maps)
Fortress Investment Group bought the Sonata assisted living facility in Coconut Creek for $11.9 million.
The New York-based global investment manager bought the 94-unit, three-building property at 4175 West Sample Road from Denver-based Healthpeak Properties, according to a deed.
Healthpeak, a real estate investment trust led by Thomas Herzog, bought Sonata in 2007 from Orlando-based CNL Financial Group, records show. The price is unknown because a deed was not recorded.
Sonata was built in 1999 on 6.6 acres, according to property records.
It’s an assisted living and memory care center with 24-hour on-site nurses, according to its website. Amenities include a hair salon, spa, art studio, library, theater and game room.