Pointe Group Care And Allaire Health Services Acquire Epworth Village Retirement Community And Susanna Wesley Health Center In Hialeah For $30.9M
Florida
See Similar DealsPointe Group Care And Allaire Health Services Acquire Epworth Village Retirement Community And Susanna Wesley Health Center In Hialeah For $30.9M
5300 W 16th Ave, Hialeah, FL 33012, USA
See Similar DealsSummary
The Epworth Village Retirement Community and Susanna Wesley Health Center in Hialeah, Florida, have been sold for a total of $30.9 million. The buyers, Pointe Group Care and Allaire Health Services, acquired the properties in their first investment in South Florida's senior living market. The purchase includes the 290-unit Epworth Village independent senior living complex and the 120-unit Susanna Wesley Health Center, which offers assisted living, nursing care, and rehabilitation services.
Summary of transaction details
- Property Type: Senior Housing & Medical Facility
- Transaction Amount: $30,900,000
- Units: 410
- Price per Unit: $75,366
- Buyer: Pointe Group Care - Ben Berkowitz; Allaire Health Services - Benjamin Kurland
- Seller: Madelyn Lozano
Pointe Group Care and Allaire Health Services, represented by Ben Berkowitz and Benjamin Kurland respectively, were the buyers of the Epworth Village Retirement Community and Susanna Wesley Health Center. The sellers of the properties were Madelyn Lozano. This acquisition marks the buyers' entry into the senior living market in South Florida. The Epworth Village complex consists of 290 units, while the Susanna Wesley Health Center offers 120 units providing assisted living, nursing care, and rehabilitation services.
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
