Maxwell Group And Senior Living Communities Acquires 270-Unit Senior Housing In Bridgewater From LCS

The property asset involved in the transaction is Laurel Circle, a continuing care retirement community comprising 270 units located at 100 Monroe Street in Bridgewater. The market value reflects the senior housing asset's significance within the region. The seller, LCS, had made substantial investments exceeding $15 million for property upgrades, enhancing its appeal and functionality.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: Not specified
• Address: 100 Monroe Street
• Market: Bridgewater
• Units: 270
• Buyer: Benjamin M. Thompson - Maxwell Group & Senior Living Communities
• Seller: LCS
• Brokers: David Kliewer & Jay Jordan - Continuum Advisors

Continuum Advisors played a crucial role in facilitating the sale, connecting the affiliate of Maxwell Group and Senior Living Communities with the seller, LCS. The seller's recent upgrades and provision of undeveloped land for future expansion were pivotal aspects of this transaction, illustrating the strategic considerations in senior housing investments.