Kisco Senior Living & Welltower Acquire 146-Unit Senior Housing In Rockville For $44 Million

The asset involved in this transaction is a senior housing property located at 55 West Gude Drive in Rockville, MD. It encompasses a total of 146 units, with a per unit price of $301,370. The property was sold for a transaction amount of $44,000,000.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $44,000,000
• Units: 146
• Per Unit Price: $301,370
• Buyer: Kisco Senior Living & Welltower
• Seller: Denny Alberts & Bobby Zeiler - Silverstone Senior Living
• Market: Rockville, MD

Kisco Senior Living and Welltower are the entities that acquired the property from sellers Denny Alberts and Bobby Zeiler, who represent Silverstone Senior Living in this transaction. The acquired property is part of the senior living sector, reflecting the ongoing demand for senior housing solutions.