Inland Real Estate Group Acquires Senior Housing Property In Edina For $41M

The Waters Senior Living of Edina, a senior housing facility located at 6300 Colonial Way in Edina, was recently sold for over $41 million. The property consists of 139 units, with an average price per unit of $294,964.

Summary of transaction details

• Property Type: Senior Housing
• Transaction Amount: $41,000,000
• Address: 6300 Colonial Way
• Market: Edina
• Buyer: Inland Real Estate Group of Companies - Daniel L. Goodwin
• Seller: Prudential Private Capital - Jeffrey Dickson

The buyer of the property is the Inland Real Estate Group of Companies, represented by Daniel L. Goodwin. The seller is Prudential Private Capital, represented by Jeffrey Dickson. Despite the change in ownership, the day-to-day operations at the facility will remain the same.