A real estate development and investment firm has bought a senior living facility in Naples. The buyer is Redico and it acquired Amira Choice’s center at 9015 Bellaire Bay Drive. The center was renamed American House Naples. Redico did not disclose a sale price. Collier County records, however, show the property was bought by Boston-based AEW Capital Management for $32.75 million. (Redico and AEW have worked as a joint venture on previous American House projects.) The 128-unit American House Naples is made up of 96 assisted living and 32 memory care apartments.
Read the full article: Michigan Firm Acquires Naples Senior Living Facility //
Source: https://www.businessobserverfl.com/news/2025/aug/23/michigan-firm-acquires/