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Sunrise Senior Living Facility Changes Hands in Bergen County
JLL Capital Markets completed the sale of Sunrise of Franklin Lakes, an 88-unit assisted living and memory care facility in Franklin Lakes, NJ. The buyer and sale price were not disclosed.
JLL’s Seniors Housing team, alongside JLL’s New Jersey team, represented the seller and procured the undisclosed buyer in the transaction. Sunrise Senior Living has been retained as the property manager.
Completed in 2021, Sunrise of Franklin Lakes consists of a two-story building home to 51 assisted living and 37 memory care units. The community offers studio, one- and two-bedroom layouts for assisted living and private or semi-private memory care units. Amenities include activity rooms and social areas, a bistro that augments a main dining room, theatre, computer room, physical therapy gym and weekly housekeeping and laundry.
Sunrise of Franklin Lakes is positioned on a 4.62-acre site at 728 Franklin Ave. in Bergen County. Franklin Lakes is approximately 25 miles northwest of Midtown Manhattan.
- ◦Sale/Acquisition