Updated Feb 11, 2026
Welltower Acquires Willows Bend Senior Living In Fridley Minnesota For $39.5 Million
6445 University Avenue Northeast
$39,500,000
Units
136
Asset Type
Senior Housing
Closing
Feb 10, 2026
About this deal
AI
A 136-unit senior housing facility, Willows Bend Senior Living, was sold for $39.5 million in cash at 6445 University Avenue Northeast, located in Fridley, Minnesota. This acquisition represents approximately $290,441 per unit.
Summary of transaction details:
- Property Type: Senior Housing
- Transaction Amount: $39,500,000
- Buyer: Welltower
- Seller: Axial Real Estate Advisors
- Units: 136
- Price Per Unit: $290,441
The senior housing sale at 6445 University Avenue Northeast in Minneapolis, Minnesota sold for $39.5M in 2026. Reported inventory is 136 units across 136 units. This page is the Minneapolis, Minnesota file for the 6445 University Avenue Northeast senior housing sold: pricing, party profiles, and other closed senior housing comps from the same Minneapolis sit in the Market section below. Filter that Minneapolis senior housing set by closing date to see what else sold near 6445 University Avenue Northeast around 2026. Published consideration for 6445 University Avenue Northeast is $39.5M, dated 2026. Cite this Welltower Acquires Willows Bend Senior Living In Fridley Minnesota For $39.5 Million sale when underwriting similar senior housing product around Minneapolis, Minnesota.
On the Map
$39,500,000
Senior Housing
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Minneapolis Senior Housing Market Snapshot
Boundary boundary · Senior Housing · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.40%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93