Healthpeak Properties Acquires Two Cobb County Senior Living Facilities For $240 Million

The transaction involved the sale of two senior housing facilities located at 3171 Dallas Highway and 4220 Lower Roswell Road Southeast in Marietta, GA. The properties were sold for a total amount of $240,000,000.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $240,000,000
• Buyer: Healthpeak Properties
• Seller: West Cobb Senior Living LLC & East Cobb Senior Living LLC
• Market: Marietta, GA

Healthpeak Properties acquired the facilities from West Cobb Senior Living LLC and East Cobb Senior Living LLC. The acquired assets will be transferred to Janus Living, a REIT that spun off from Healthpeak Properties.