Capitol Seniors Housing Acquires 167-Unit Heartis Fayetteville From Caddis Healthcare And Singerman Real Estate
936 West Lanier Avenue
Building Size
—
Asset Type
Senior Housing
Closing
May 22, 2026
AI
The transaction involved the 167-unit Heartis Fayetteville luxury seniors housing community located at 936 West Lanier Avenue in Fayetteville, GA, approximately 25 miles south of Atlanta. The property, completed in 2018, offers a full continuum of care and has been acquired by Capitol Seniors Housing, which plans to rebrand it as Village Park Fayetteville.
Summary of transaction details:
- Property Type: Senior Housing
- Transaction Amount: Not specified
- Units: 167
- Buyer: Scott Stewart - Capitol Seniors Housing
- Seller: Lance M. Hardenburg - Caddis Healthcare Real Estate; Seth Singerman - Singerman Real Estate
- Brokers: Ross Sanders, Dave Fasano, Cody Tremper & Mike Garbers - Berkadia
Berkadia facilitated the transaction. The new operator for the property will be Galerie Living, transitioning the management under the new branding to align with their operational standards.
Players
West Senior Housing Market Snapshot
Boundary boundary · Senior Housing · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93