49
MESA and APACHE JUNCTION, Ariz. — Lancaster Pollard has advised on the sale of two American Orchards Senior Living communities in Arizona for an undisclosed price.
Madison Realty Cos. purchased the communities, both located in the Phoenix suburbs and offering assisted living and memory care. The Mesa location was built in 2010 and the Apache Junction location was built in 2012.
American Orchards plans to focus its efforts on its newest development in nearby Gilbert.
Lancaster Pollard managing directors Jason Dopoulos and Chad Elliott led the transaction.