Fortress Investment Group Pays $64M for Florida Senior Portfolio
The deal is in alignment with the seller s strategy of exiting the senior market. May132021
Image courtesy of JLL
An affiliate of Fortress Investment Group LLC has purchased a five-property senior housing portfolio in Southeast Florida for $64 million. According to public records, Healthpeak Properties was the seller.
The disposition is in accordance with the health care REIT’s announcement of divesting up to $4 billion worth of senior housing assets, hence exiting the market. JLL Capital Markets arranged the deal for Healthpeak and is in charge of securing acquisition financing for the buyer.