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CAPREIT Acquires Central LI Senior Living Property
CAPREIT, a fully integrated real estate operating company that owns and manages more than $6 billion of multifamily assets in the U.S., has acquired Broadway West, a senior living community in the central Long Island community of Brentwood, NY. Terms were not disclosed.
The community, which features 114 one- and two-bedroom homes, adds to a recent flurry of CAPREIT acquisitions to start 2026. The company recently acquired three multifamily communities in the Northeast and a single-family build-to-rent community in South Carolina.
“We have served as a third-party manager at Broadway West for several years, and the official acquisition of the community is a tremendous step,” said Andrew Kadish, CEO and CIO for CAPREIT. “CAPREIT has started 2026 with significant momentum, and the acquisition of Broadway West certainly adds to it.”
Built in 2003 and located at 75 Springfield Rd., Broadway West is the newest of the recent multifamily acquisitions and is a short walk from Brentwood Country Club.
- ◦Sale/Acquisition
