Debra A. Cafaro Of Ventas Inc. Acquires 325-Unit Senior Housing In Parkland For $63.81M

The asset involved in the transaction is a senior housing community known as Aston Gardens at Parkland Commons, located at 9401-9423 Aston Gardens Court in Parkland, FL. The property spans 19.9 acres and comprises 325 units, with a sale price of $63,810,000, resulting in a price per unit of approximately $196,338.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $63,810,000
• Buyer: Debra A. Cafaro - Ventas Inc.
• Seller: Albert Rabil - Kayne Anderson Real Estate
• Units: 325
• PPU: $196,338
• Market: Parkland, FL
• Loan Assumed: $39.25 million Freddie Mac loan

Debra A. Cafaro, representing Ventas Inc., acquired the property from Albert Rabil, who represented Kayne Anderson Real Estate in the transaction. This acquisition involved the assumption of an existing Freddie Mac loan tied to the asset.