Greyhill Group Acquires Senior Housing Asset From MMS Group For $5.4 Million
25 Saltonstall Avenue
$5,400,000
$110/SF
Building Size
48,800 SF
Asset Type
Senior Housing
Closing
Jun 24, 2026
AI
The property, located at 25 Saltonstall Avenue in New Haven, CT, is categorized as senior housing. The total sale price for this transaction was $5,400,000, and the asset encompasses 48,800 square feet, equating to a price per square foot of $110.
Summary of transation details:
- Property Type: Senior Housing
- Transaction Amount: $5,400,000
- Square Footage: 48,800
- Price Per Square Foot: $110
- Buyer: Greyhill Group
- Seller: MMS Group
- Brokers: David Wildes & Mike Kerwin - Rosewood Realty Group
- Date of Sale: 6/25/2026
The transaction involved Greyhill Group as the buyer and MMS Group as the seller. The brokerage team representing this deal comprised David Wildes and Mike Kerwin from Rosewood Realty Group, facilitating the negotiation and closing of the transaction.
Players
Market Senior Housing Market Snapshot
Boundary boundary · Senior Housing · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.94%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93