Fortress Investment Group Acquires Senior Facility In Coconut Creek For $11.9M

An $11.9 million senior facility located at 4175 West Sample Road in Coconut Creek has been sold in a recent transaction. The property spans across 6.6 acres and consists of 94 units. The price per unit is approximately $126,596, and the price per acre is around $1,803,030. The transaction took place on May 7, 2021, involving buyers Fortress Investment Group represented by Wesley Edens and Peter Briger, and the seller Healthpeak Properties represented by Thomas Herzog.

Summary of transaction details

• Property Type: Senior Facility
• Transaction Amount: $11,900,000
• Address: 4175 West Sample Road, Coconut Creek
• Market: Coconut Creek
• Buyer: Fortress Investment Group - Wesley Edens & Peter Briger
• Seller: Healthpeak Properties - Thomas Herzog
• Units: 94
• Price per Unit (PPU): $126,596
• Acres: 6.6
• Price per Acre (PPA): $1,803,030

The buyer of the senior facility, Fortress Investment Group, was represented by Wesley Edens and Peter Briger. On the other hand, Healthpeak Properties, the seller, was represented by Thomas Herzog. This transaction involving these key individuals and companies highlights the successful sale of the senior facility in Coconut Creek.