Morgan Stanley Investment Management, through investment funds managed by Morgan Stanley Real Estate Investing (MSREI), has announced the acquisition of a class A senior housing portfolio located in the Orlando and Tampa, Fla., metropolitan areas. The portfolio includes two communities comprising 300 independent living, assisted living and memory care units serving residents in Central Florida. AgeWell Senior Living, a Florida-based senior housing operator, will continue to operate the communities.
Funds managed by MSREI have been actively investing in senior housing since 2022 and currently maintain ownership interests in 13 senior living communities across the United States. This acquisition expands MSREI’s senior housing portfolio and reflects the firm’s continued focus on partnering with experienced operators to invest in high-quality communities in markets supported by favorable demographic trends.
