Focus Senior Housing Fund I, a discretionary investment vehicle managed by an affiliate of Focus Healthcare Partners, has acquired The Mansions Portfolio, a class A, four-community independent living portfolio located in Atlanta.
The sales price was $164.5 million.
Located in the Atlanta metro area, The Mansions Portfolio consists of 559 independent living units among four class A communities. The communities, located within 30 miles of one another, provide residents with a competitive amenity set, some of which include restaurant-style dining rooms, fitness centers, landscaped grounds, in-unit washers and dryers, and easy-to-navigate floorplans. The communities also provide residents with new finishes, as they were constructed between 2016 and 2020.
