Publications

AEW Capital Management acquires seniors housing community in Wellington, Fla.
Transactions - JANUARY 27, 2025

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

AEW Capital Management acquires seniors housing community in Wellington, Fla.

by Denise Moose

AEW Capital Management has acquired Wellington Bay, a 283-unit seniors housing community in Wellington, Fla.

Wellington Bay is a seniors living campus that includes a high-performing 159-unit independent living community and The Lisbet Health Center, which offers 124, class A assisted living and memory care units. The 45-acre lakeside campus also offers the ability to expand the independent living by an additional 177 units. Residents of the community have access to a 65,000-square-foot clubhouse offering high-end amenities, including five-star quality dining, a resort-style outdoor pool, indoor pool and hot tub, putting green, bocce court, pickleball court and a variety of fitness, wellness, concierge, arts and entertainment programming.

The 45-acre campus sits at 2590 Wellington Bay Drive in Palm Beach County, approximately 16 miles west of West Palm Beach.

JLL’s seniors housing capital markets team procured the buyer and secured the three-year acquisition l

Forgot your username or password?