A senior housing developer has sold the Legend of Broomfield facility in Colorado to a real estate investment trust that specializes in senior living properties for just more than $27.5 million, the Broomfield Enterprise reports
Kansas-based Legend Senior Living built the property in 2018 and, through holding company Den Alf 1, offloaded it this month to LW Broomfield PropCo, an entity controlled by Ohio-based REIT Welltower.
Legend of Broomfield has 91 apartments — 73 in assisted living and 18 in memory care — split between one- and two-bedroom units. Read more.
