The property home to senior assisted living facility Cornerstone at Milford in Massachusetts has been sold for $18.85 million to a Los Angeles real estate company, according to the Worcester County Registry of Deeds, the Worcester Busines Journal reports.
The transaction also included a $24.6-million sale of Cornerstone’s property in Canton.
Both properties were sold by AEW real estate managers, a $88-billion investment company headquartered in Boston, to Kayne Anderson Capital Advisors. Kayne Anderson was founded in 1984 and manages $30 billion in assets, according to its website. Read more.
