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Welltower Acquires 377-Unit Senior Housing Facility In Lake Worth For $87.2 Million

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SOLD
$87,200,000

Florida

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Senior Housing366,036 SF
Sold 04/07/2026
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SOLD

Welltower Acquires 377-Unit Senior Housing Facility In Lake Worth For $87.2 Million

9130 Hypoluxo Road

See Similar Deals
Senior Housing366,036 SF
Sold 04/07/2026
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Summary

FLORIDA
Asset Type:Senior Housing
Price Per Square Foot:$238
Total Square Footage:366,036 SF
Transaction Type:Sale

The property asset involved in the transaction is a 377-unit assisted living facility known as The Arbor at Lake Worth, located at 9130 Hypoluxo Road in Lake Worth. The facility, which spans 366,036 square feet, was built in 2017 and is situated on a 22-acre lot. The facility was sold for $87,200,000.

Summary of transaction details:

Key individuals involved in the deal include Shankh Mitra representing Welltower as the buyer, and Paul Froning along with Curt Schaller from Focus Healthcare Partners representing the seller, showcasing the collaboration between these entities in the acquisition.

Players

SM
16 deals$2.3B volume
BUYER

2 deals$124.2M volume
SELLER

Details

SOLD
IMAGE: Curt Schaller, Shankh Mitra & Paul Froning DATE: 04/07/2026 ADDRESS: 9130 Hypoluxo Road MARKET: Lake Worth ASSET TYPE: Senior Housing ~ ACRES: 22 BUYER: Shankh Mitra - Welltower SELLER: Paul Froning & Curt Schaller - Focus Healthcare Partners SALE PRICE: $87,200,000 UNITS: 377 ~ PPU: $231,300 SF: 366,036 ~ PPSF: $238 NOTE: Welltower acquired the 377-unit assisted living facility The Arbor at Lake Worth from Focus Healthcare Partners for $87.2 million, a 36% increase from the seller’s $64 million purchase price two years prior.The 366,036-square-foot, 2017-built senior housing campus reflects continued institutional investment in assisted living assets as Welltower expands its healthcare real estate portfolio.

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