Reported Sep 30, 2026 · Source: CRE News
Residence at Bala Cynwyd is an other sale in Main Line / King of Prussia / Chesterbrook, Philadelphia. Other details we have: buyer American Healthcare REIT; seller LCB Senior Living (developer); price $42.58M; size 84 units; $506,905 per unit. CRE News reports: “Philadelphia Business Journal American Healthcare REIT has paid $42.58 million, or $506,905/unit, for the 84-unit Residence at Bala Cynwyd seniors-housing property in the Philadelphia suburb of Bala Cynwyd, Pa. The Irvine, Calif., REIT purchased the property from its developer, LCB Senior Living of…”
Quoted from the article; the other facts come from our own deal listing.
Read the full report at CRE News. What the article says:
Philadelphia Business Journal American Healthcare REIT has paid $42.58 million, or $506,905/unit, for the 84-unit Residence at Bala Cynwyd seniors-housing property in the Philadelphia suburb of Bala Cynwyd, Pa. The Irvine, Calif., REIT purchased the property from its developer, LCB Senior Living of Norwood, Mass. Residence at Bala Cynwyd was built three years ago on […]
Article date: 2026-09-30T17:35:29+00:00
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