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Ventas Inc. Acquires Senior Housing In Jupiter For $41.2M With Buyer's Rep Peter J. Bulgarelli & Seller's Rep Stephen Schwarzman

110 Mangrove Bay Way
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This property located in FL was sold for $41,230,000 about 2 years ago.

The senior housing property located at 110 Mangrove Bay Way in Jupiter was recently sold. The property spans over 6.5 acres and is situated in a desirable market. The transaction took place on 02/07/2022.

Summary of transation details

  • Property Type: Senior Housing
  • Transaction Amount: $41,230,000
  • Address: 110 Mangrove Bay Way
  • Market: Jupiter
  • Buyer: Ventas Inc. - Peter J. Bulgarelli
  • Seller: Blackstone Group - Stephen Schwarzman

The buyer, Ventas Inc., was represented in the deal by Peter J. Bulgarelli. On the other hand, the seller, Blackstone Group, was represented by Stephen Schwarzman. The transaction involved the sale of 155 units, with each unit priced at $266,000.

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  • Location
    110 Mangrove Bay Way, Jupiter, Florida 33477, United States110 Mangrove Bay Way, Jupiter, Florida 33477, United States
  • Sale Price
    $41,230,000$41,230,000

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Deal Summary

SALE IMAGE: Peter J. Bulgarelli & Stephen Schwarzman DATE: 02/07/2022 ADDRESS: 110 Mangrove Bay Way MARKET: Jupiter ASSET TYPE: Senior Housing ~ ACRES: 6.5 BUYER: Ventas Inc. - Peter J. Bulgarelli SELLER: Blackstone Group - Stephen Schwarzman SALE PRICE: $41,230,000 UNITS: 155 ~ PPU: $266,000

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