Capitol Seniors Housing Acquires 167-Unit Heartis Fayetteville From Caddis Healthcare And Singerman Real Estate

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.