Source: GlobeNewswire

Press Release: KIRCO : KIRCO Acquires Value-Add Senior Living Community in Boston MSA

Troy, MI, May 03, 2023 (GLOBE NEWSWIRE) -- KIRCO, a nationally recognized full-service corporate real estate and investment company, is proud to announce the acquisition of a Senior Living community, Brookmeadow at Blue Hills, located in the Boston, MA metropolitan area. This 91-unit assisted living and memory care facility was built in 2009 and presented a compelling opportunity for KIRCO to acquire an existing senior living community approximately 45% below replacement cost in a high income, underserved market. The sale and acquisition financing was skillfully managed by Cushman & Wakefield.

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Est. Annual Revenue
$5.0-25M
Est. Employees
25-100
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