Debra A. Cafaro Of Ventas Inc. Acquires Senior Housing Community From Joe Ryan For $140M

The property asset involved in this transaction is a senior housing community located at 22 Southeast Malcolm Avenue in Minneapolis, MN. The asset comprises 283 units and was sold for $140 million, resulting in a price per unit of $494,700.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $140,000,000
• Units: 283
• Price Per Unit: $494,700
• Buyer: Debra A. Cafaro - Ventas Inc.
• Seller: Joe Ryan - Oppidan Investment Company

This transaction showcases the involvement of key figures in the industry, where Debra A. Cafaro represents Ventas Inc., while Joe Ryan is affiliated with Oppidan Investment Company. Notably, the Pillars of Prospect Park community includes features aimed at fostering intergenerational connections, with additional programming linked to childcare and local universities.