Jeff Hanson Of American Healthcare REIT Acquires Senior Housing Asset In Bedford For $50M

The Residences at Bedford, a senior housing facility located at 240 South Road in Bedford, MA, is a 92-unit center sold for a transaction amount of $50,000,000. The property, which opened in 2024, features an average price per unit of $543,478 with more than half of its units already committed at launch.

Jeff Hanson represents American Healthcare REIT in the acquisition, while Timothy Duross represents LCB Senior Living as the seller in this transaction.