Greystar buys 55-plus community for $118m
Transactions - OCTOBER 11, 2021

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Greystar buys 55-plus community for $118m

by Andrea Zander

Greystar has acquired The Vistas of Port Jefferson, a 244-unit, 55-plus apartment community on Long Island, for $118 million.

The seller was The Benjamin Cos.

The complex is made up of 30 buildings. The complex includes 64 two-bedroom townhouses with garages attached, 144 two-bedroom single-level units and 36 one-bedroom single-level units. Amenities include a clubhouse, a fitness center, an outdoor pool and walking trails.

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