Al Propco News Today

Lone Star Funds bought two senior living complexes in Palm Beach County from Healthpeak Properties for a combined $57 million.

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Healthpeak Properties CEO Thomas Herzog. (Healthpeak, Sonata) Healthpeak Properties sold three Palm Beach County facilities that offer assisted, independent and memory care living for a combined $29.3 million. Deeds show New York-based global investment manager Fortress Investment Group bought the three Sonata-branded centers. In the biggest deal, the 101-unit facility at 2400 South Congress Avenue sold for $11.4 million. It was built in 1999 on 4 acres and last traded in 2003 for $6.5 million,...

Share via Shortlink Fortress execs Wesley Edens and Peter Briger with Sonata at 4175 West Sample Road (Getty, Sonata, Google Maps) Fortress Investment Group bought the Sonata assisted living facility in Coconut Creek for $11.9 million. The New York-based global investment manager bought the 94-unit, three-building property at 4175 West Sample Road from Denver-based Healthpeak Properties, according to a deed. Healthpeak, a real estate investment trust led by Thomas Herzog, bought Sonata ...