Michael R. Anderson Of National Healthcare Properties Acquires Senior Housing In Viera For $67.5M

The asset involved in this transaction is a senior living community located at 4206 Breslay Drive, Viera, FL. This property features a total of 88 units, including studio, one-bedroom, and two-bedroom configurations, as well as 30 memory-care beds. Developed in 2021, it was sold for $67.5 million, indicating a price per unit of approximately $767,045.

Summary of transation details:

• Property Type: Senior Housing
• Transaction Amount: $67,500,000
• Buyer: Michael R. Anderson - National Healthcare Properties
• Seller: Jonathan Martin - AEW Capital Management
• Units: 88
• Market: Viera, FL
• Price Per Unit: $767,045

The transaction includes significant players such as Michael R. Anderson representing National Healthcare Properties, which acquired the property from Jonathan Martin, who represented AEW Capital Management, the seller in this transaction. This acquisition includes various extensive amenities designed to support senior living.