Aurora Health Network Acquires 322-Bed Senior Housing Portfolio In Pompano Beach And West Palm Beach

The Omega Healthcare Investors' affiliate sold three assisted living facilities in Palm Beach and Broward counties for a total of $30.88 million. The properties, located at 2939 Haverhill Road, 2401 Northeast 2nd Street, and 5065 Wallis Road, were purchased by Aurora Health Network, which includes Coral Bay Healthcare and Rehabilitation, Aspire at the Sea, and Renaissance Health and Rehabilitation. The senior housing assets consist of 322 beds, with a price per bed of $95,901.

Summary of transaction details:

• Property Type: Senior Housing
• Sale Price: $30,880,000
• Address: 2939 Haverhill Road, 2401 Northeast 2nd Street, 5065 Wallis Road
• Market: Haverhill, Pompano Beach, West Palm Beach

Aurora Health Network, represented by Elliot Schwab, acquired the properties from Omega Healthcare Investors, represented by Taylor Pickett. The deal represents a significant transaction in the senior housing market, further enhancing Aurora Health Network's portfolio.