Updated May 12, 2025
Welltower Inc Acquires Anthology Senior Living In King Of Prussia For $27.4M From CA Ventures
350 Guthrie Road
$27,400,000
Units
192
Asset Type
Senior Housing
Closing
Apr 3, 2025
About this deal
AI
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.
On the Map
$27,400,000
Senior Housing
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King of Prussia Senior Housing Market Snapshot
Boundary boundary · Senior Housing · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.58%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93