Greystone Arranges $33M Sale of Two Brookdale Communities in the Carolinas

by Jeff Shaw

HENDERSONVILLE, N.C., and SPARTANBURG, S.C. — Greystone Real Estate Advisors has closed the sale of Brookdale Hendersonville in North Carolina and Brookdale Skylyn in South Carolina, for $33 million.

A private equiry group purchased both properties from Brookdale Senior Living Inc., the largest owner and operator of seniors housing communities in the United States.

Brookdale Hendersonville, located in the Asheville suburb of Hendersonville offers independent living cottages, an independent living clubhouse, an administrative office building and a separate memory care building. Built in 1985 and 1993, the community sits on a total of 21.4 acres of land.

Brookdale Skylyn, located between Greenville and Charlotte in Spartanburg, is an independent living, assisted living, memory care and skilled nursing community. The property consists of two senior living buildings and one skilled nursing building. Built in 1986, the community sits on 17.6 acres of land.

Mike Garbers and Cody Tremper of Greystone represented the seller in the transaction.

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