Meyer Futersak Acquires Senior Housing In Philadelphia From Bobby Spears For $2.7M

The property involved in this transaction is a senior housing asset located at 230 North 65th Street in Philadelphia, PA. The sale was executed for a total price of $2,700,000, covering a square footage of 23,500, which equates to a price per square foot of $114.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $2,700,000
• Square Feet: 23,500
• Price per Square Foot: $114
• Buyer: Meyer Futersak
• Seller: Bobby Spears - Brittany Manor Assisted Living

Bobby Spears represented Brittany Manor Assisted Living in this transaction. The buyer, Meyer Futersak, is associated with Cedarwood Group, which is actively seeking to acquire additional Assisted Living and Skilled Nursing Facilities. All brokers are welcomed to connect with the buyer through the email provided.