Healthpeak Sells Senior Housing Facility in Lantana at Huge Discount

Healthpeak Properties sold a senior living facility in Lantana for 60 percent less than its last sales price in 2006. Irvine, California-based Healthpeak Properties sold the 172-unit Meridian at Lantana at 3061 Donnelly Drive for $12.35 million or $71,802 per unit, records show. San Diego, California-based Pacifica Companies bought the property. The property last sold for $31.5 million in July 2006, records show. The facility was built in 1986 and sits on 5.3 acres.

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Source: https://therealdeal.com/miami/2020/04/22/healthpeak-sells-senior-housing-facility-in-lantana-at-huge-discount

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