Adam Kaplan Of Solera Senior Living Purchases Atria Cary Senior Housing For $60.28M

The asset involved in this transaction is a senior housing community located at 7000 Regency Parkway in Cary, North Carolina. The property is a five-story building with a total of 138 units. The market value for the property was established with a sale price of $60,280,000, which equates to a price per unit of $436,812.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $60,280,000
• Units: 138
• Buyer: Adam Kaplan - Solera Senior Living
• Seller: Atria Senior Living
• Market: Cary, NC

Adam Kaplan, representing Solera Senior Living, acquired the property from Atria Senior Living with plans to rebrand the community as Modena Cary. This transaction marks an important addition to Solera Senior Living's portfolio within the senior housing market.