DENVER — Developer MGL Partners has sold a luxury senior living community located in Denver for $96 million as part of a portfolio disposition. An undisclosed institutional buyer acquired the property.
Delivered in 2018, the property — Carillon at Belleview Station — features 156 independent living, assisted living and memory care residences. Amenities at the community include a commercial kitchen and restaurant-style dining, a bistro, spa and wellness spaces.
“Carillon has consistently performed at a high level, supported by strong demographics and a location that continues to mature as one of Denver’s most compelling transit-oriented neighborhoods,” said Mike Gerber, co-founder of MGL Partners, in a statement. “This transaction was driven by a portfolio-level strategy on the institutional side, and we’re pleased it resulted in an exceptional outcome.”