Monday, July 25, 2016

Greene Courte Ptnrs Purchases Senior Housing Facility in Harleysville

Westrum Development Company sold the 275-unit senior housing community known as Arbour Square to Greene Court Partners LLC for $56.2 million, or about $204,000 per unit.

The 162,504-square-foot property was built in two phases, the first in 2006 and the second completed in 2014. It will continue to be managed by Heritage Senior Living, a Pennsylvania-based company.

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