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JACKSONVILLE, Fla. — Greystone’s Real Estate Advisors group has arranged the sale of Wyndham Lakes, a 245-unit independent living, assisted living and memory care community in Jacksonville, for $21.5 million.
A private equity group purchased the property from a publicly traded REIT.
Formerly operated by Brookdale Senior Living, Wyndham Lakes is situated on 14 acres of land. The community consists of 12 residential buildings and one common area structure.
Mike Garbers and Cody Tremper of Greystone represented the seller in the transaction. Tremper also arranged nonrecourse acquisition financing through a regional bank.