Cushman & Wakefield has arranged the sale of a seniors housing campus in Norton, MASS.
The campus consists of Residences at Norton, a 72-unit assisted living facility, and Wingate at Norton, a 106-bed skilled nursing home. The new ownership plans to upgrade the existing assisted living building and convert the skilled nursing portion to memory care and increased common area space. Norton is located in the southern part of Massachusetts near Rhode Island.
Richard Swartz, Jay Wagner, Dan Baker and Jack Griffin of Cushman & Wakefield represented the institutional seller in the transaction. A joint venture between investment firm Harrison Street and regional operator LCB Senior Living acquired the property.
David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles.
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