LADY LAKE, Fla. — Senior Living Investment Brokerage (SLIB) has negotiated the sale of Vitality Lady Lake, an 89-unit seniors housing community in Lady Lake, located northwest of Orlando adjacent to The Villages.
The community features 69 assisted living and 20 memory care units on a nine-acre site, which features room for expansion.
The seller is a Northeast-based real estate private equity fund that purchased this asset as part of a large portfolio in December 2021. This asset was an operational outlier from the rest of the portfolio.
The buyer was a regional owner-operator looking to add to their existing operations throughout Florida. The price was not disclosed.
Daniel Geraghty, Bradley Clousing and Ryan Saul handled the transaction for SLIB.