Welltower Inc Acquires Anthology Senior Living In King Of Prussia For $27.4M From CA Ventures
Pennsylvania
See Similar DealsWelltower Inc Acquires Anthology Senior Living In King Of Prussia For $27.4M From CA Ventures
350 Guthrie Road
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The asset involved in this transaction is a 192-unit seniors housing property located at 350 Guthrie Road, Wayne, PA. It was sold for a total transaction price of $27,400,000. The property features independent living, personal care, and memory care services, with rental prices starting at $5,949 per month. It is now known as Revelle King of Prussia.
Summary of transaction details:
- Property Type: Senior Housing
- Transaction Amount: $27,400,000
- Buyer: Welltower Inc
- Seller: CA Ventures
- Leased To: Legend Senior Living
The transaction highlights Welltower Inc's acquisition of the property from CA Ventures, marking an important addition to their portfolio focused on senior living. The property will continue to operate under the management of Legend Senior Living, enhancing their offerings in the King of Prussia area.
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