Pryor Cashman represented Balfour Senior Living, a premier operator of independent living, assisted living and memory care communities, in the sale of a six-community portfolio located in the Denver and Boulder metropolitan areas owned by a partnership between Balfour Senior Living and AEW Capital Management, L.P., to a newly created partnership between Balfour Senior Living and Welltower, Inc. The portfolio was sold for approximately $300 million.
Under the counsel of Pryor Cashman Partners Todd Soloway and Danielle Schechner and Associate Michelle Blanter, the transaction closed on May 22, 2019.
Read more about the deal here.
More About Pryor Cashman's Real Estate Sales + Acquisitions Practice
Pryor Cashman represents some of the biggest players in the U.S. real estate market, including investment banks, real estate funds, multistate health care providers, and residential and mixed-use building owners and developers. Our attorneys draft joint venture agreements among real estate owners and their financing sources, including private, individual and institutional equity and debt, and advise on property portfolio management, refinancings and distressed debt restructurings, when necessary.
Learn more about our work and experience here.
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