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25 Saltonstall Avenue

Greyhill Group Acquires Senior Housing Asset From MMS Group For $5.4 Million
SOLDSenior Housing

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:

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

Mike Kerwin

Rosewood Realty Group

Broker

$292.3M

vol

31 deals

Broker
GreyHill Group
GreyHill GroupBuyer

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