Meyer Futersak Acquires Senior Housing Asset In Saranac Lake For $7,400,000

The property asset involved in this transaction is a Senior Housing facility located at 78 Will Rogers Drive in Saranac Lake. The sale price was $7,400,000, with a total square footage of 75,000 and a price per square foot of $98.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $7,400,000
• Address: 78 Will Rogers Drive
• Market: Saranac Lake
• Square Footage: 75,000
• Price Per Square Foot: $98
• Buyer: Meyer Futersak

The buyer, Meyer Futersak, is associated with Cedarwood Group, which is actively seeking to acquire additional Senior Housing and Assisted Living Communities across the United States. They have invited potential sellers to share their deals for prompt consideration.