Andrew Schlossberg Of Invesco Acquires Senior Housing At 79 Willow Street For $81.5M

The asset involved in this transaction is an assisted living facility located at 79 Willow Street in the Brooklyn Heights market. The sale price for the senior housing property was $81,500,000, and it encompasses a total of 356,000 square feet, resulting in a price per square foot of $229.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $81,500,000
• Buyer: Andrew Schlossberg - Invesco
• Seller: Albert Rabil - Kayne Anderson
• Square Footage: 356,000
• Price Per Square Foot: $229

Andrew Schlossberg, representing Invesco, acquired a 54.36% stake in The Watermark at Brooklyn Heights from Albert Rabil, who represented Kayne Anderson. This transaction was valued at roughly $424 per square foot.