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Welltower Inc Acquires Anthology Senior Living In King Of Prussia For $27.4M From CA Ventures

Property Image
SOLD
$27,400,000

Pennsylvania

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Senior Housing
Sold 04/03/2025
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Property Image
SOLD

Welltower Inc Acquires Anthology Senior Living In King Of Prussia For $27.4M From CA Ventures

350 Guthrie Road

See Similar Deals
Senior Housing
Sold 04/03/2025

Summary

PENNSYLVANIA
Asset Type:Senior Housing
Transaction Type:Sale

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.

Players

BUYER

Details

SOLD
IMAGE: 04/03/2025 ADDRESS: 350 Guthrie Road MARKET: Wayne, PA ASSET TYPE: Senior Housing BUYER: Welltower Inc SELLER: CA Ventures SALE PRICE: $27,400,000 NOTE: Welltower Inc. acquired Anthology Senior Living, a 192-unit seniors housing property in King of Prussia, PA, for $27.4 million from CA Ventures. The property, now Revelle King of Prussia, is leased to Legend Senior Living and offers independent living, personal care, and memory care, with rents starting at $5,949/month.

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