HFF closes $63.25 million sale of a two-property New England seniors housing portfolio

The Inn at Robbins Brook, 10 Devon Drive, Acton, MA

Chad Lavender

 DALLAS, TX – HFF announced today that it has closed the sale of The Inn at Robbins Brook and Forge Hill, a two-property, Class A  seniors housing portfolio totaling 176 units in Acton and Franklin, Massachusetts.

HFF marketed the portfolio on behalf of AEW Capital Management, LP.  The portfolio was purchased for $63.25 million.

The Inn at Robbins Brook is a 79-unit assisted living community located at 10 Devon Drive in Acton, approximately 30 miles northwest of downtown Boston.  

Forge Hill has a total of 97 units including assisted living, independent living and memory care units.   The property is located at 4 Forge Hill Road just off Interstate 495 approximately 45 minutes southwest of downtown Boston.

Ryan Maconachy

The HFF team representing the seller was led by managing director Ryan Maconachy and director Chad Lavender.

 For a complete copy of the company’s news release, please contact:

Kristen M. Murphy

Associate Director

HFF | One Post Office Square, Suite 3500 | Boston, MA 02109

tel (main) 617-338-0990 | (direct) 617-338-1572 | cel 617.543.4873 | www.hfflp.com

krmurphy@hfflp.com

www.aew.com.