Scottsdale Sr. Housing Facility Trades for $740K/Unit

Stonepeak paid $109 millon for a 147-unit senior living facility in Scottsdale. The Acoya Shea was sold by Harrison Street Asset Management and Cogir Senior Living. The Phoenix Business Journal reports a Colliers spokesperson said the sale price was a record per unit for a senior living facility in the region. Ryan Cos. designed, developed...