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Sign in Sign up for a FREE subscriptionLiv Communities sells $255m four-property, seniors housing portfolio
Liv Communities has sold, LivGenerations, a four-property, class A, seniors housing portfolio in Phoenix for $255 million.
The LivGenerations portfolio totals 546 units comprising independent-living, assisted-living and memory-care units. The seller built all four communities — LivGenerations Agritopia, LivGenerations Ahwatukee, LivGenerations Pinnacle Peak and LivGenerations Mayo Boulevard — between 2014 and early 2022.
Located in excellent submarkets throughout Phoenix, Scottsdale and Gilbert, Ariz., the properties are near many high-end single-family residences and new multifamily communities. Each property is also near upscale walkable retail, including numerous shopping centers, restaurants and fitness centers.
