Economy & Economic Development  September 8, 2015

Fort Collins senior-living facility sells for $56.7 million

FORT COLLINS — An Ohio-based real estate investment trust has paid $56.7 million for MacKenzie Place, a senior-living housing complex in Fort Collins, according to public records.

Health Care REIT Inc., (NYSE: HCN) based in Toledo, Ohio, acquired the property from LB-MH Oakridge, an entity of Herbert J. Sims & Co. Inc., based in Fairfield, Conn.

MacKenzie Place, which opened in 2008, consists of 95 independent-living apartments, 26 assisted-living apartments and 26 memory-care apartments.

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In June, Health Care REIT acquired the Powerback Rehabilitation Center in Lafayette for $21.6 million. It also owns the independent-living facility Sunrise at Flatirons in Broomfield and the assisted-living property Sunrise at Boulder. It owns more than 1,400 senior-living properties in the United States, Canada and the United Kingdom.

FORT COLLINS — An Ohio-based real estate investment trust has paid $56.7 million for MacKenzie Place, a senior-living housing complex in Fort Collins, according to public records.

Health Care REIT Inc., (NYSE: HCN) based in Toledo, Ohio, acquired the property from LB-MH Oakridge, an entity of Herbert J. Sims & Co. Inc., based in Fairfield, Conn.

MacKenzie Place, which opened in 2008, consists of 95 independent-living apartments, 26 assisted-living apartments and 26 memory-care apartments.

In June, Health Care REIT acquired the Powerback Rehabilitation Center in Lafayette for $21.6 million.…

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