Welltower sold a Parkland senior housing facility for $55.7 million, a steep discount from its last sale price nearly five years ago. Toledo, Ohio-based real estate investment trust sold the 349,250-square-foot facility at 9401 Aston Gardens Court to Kayne Anderson Capital Advisors for $159 per square foot, records show. The facility, Aston Gardens Assisted Living Parkland, last sold for $78 million in November 2015, records show. The senior housing facility was built in 2002, records show.
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Source: https://therealdeal.com/miami/2020/05/12/welltower-sells-parkland-senior-housing-project-at-sharp-discount