Debra A. Cafaro Of Ventas Inc. Acquires HarborChase Of Palm Beach Gardens For $28.64M

The property asset involved in this transaction is an assisted living facility located at 3000 Central Gardens Circle, Palm Beach Gardens, FL. The sale price for the facility, which spans a total of 118,180 square feet on a 5.15-acre lot, was $28,640,000. The facility has a total of 120 units, resulting in a price per unit of $238,667 and a price per square foot of $242.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $28,640,000
• Buyer: Debra A. Cafaro - Ventas Inc.
• Seller: Denny Alberts - Silverstone Senior Living
• Units: 120
• Square Footage: 118,180
• Price Per Unit: $238,667
• Price Per Square Foot: $242
• Acres: 5.15
• Date of Transaction: 10/20/2026

In this transaction, Ventas Inc., represented by Debra A. Cafaro, acquired the HarborChase of Palm Beach Gardens facility from Silverstone Senior Living, represented by Denny Alberts. The transaction reflects the ongoing demand for senior housing, with national occupancy rates reaching 90.4% in the third quarter.