Scott M. Brinker Of Healthpeak Properties Acquires Senior Housing In Fleming Island For $38M

The transaction involved the sale of a senior housing asset located at 3651 US Route 17 in Fleming Island, FL. The property, known as Allegro Senior Living Fleming Island, encompasses 102,786 square feet and was acquired for $38 million, translating to a price per square foot of $370.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $38,000,000
• Buyer: Scott M. Brinker - Healthpeak Properties
• Seller: KAPG Fleming Island Senior Housing OpCo LLC
• Market: Fleming Island, FL
• Square Footage: 102,786
• Price per Square Foot: $370

Scott M. Brinker, representing Healthpeak Properties, has continued the company's expansion into the Northeast Florida market with this acquisition. This marks Healthpeak's second purchase in the region, following the acquisition of Allegro Senior Living St. Augustine in July, while removing the Fleming Island property from Allegro Living's operational portfolio as part of its strategic real estate holdings.