Bridge Investment Group divested a portfolio of seniors housing communities in the Midwest. The alternative investment management firm engaged CBRE‘s National Senior Housing Investment Properties team including John Sweeny, Aron Will, Scott Bray and Garrett Sacco to represent them in the deal.
The portfolio consists of mid-rise, steel and concrete buildings that offer a mix of independent living, assisted living and memory care units, with large floorplans, luxury finishes and attractive common areas. They are located in desirable areas, close to hospitals and primary transportation routes. Plus, assets in the portfolio are adjacent to high-end skilled nursing facilities, creating campus-like environments with a full continuum of care. Built in 2007 or later, the properties offer many features to residents, including theaters, outdoor patios, rehabilitation gyms, as well amenities to the senior community in their respective submarkets.
