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Hubbell Realty sells Edencrest senior living properties to Welltower
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Hubbell Realty sells Edencrest senior living properties to Welltower
An Ohio-based real estate investment trust has acquired Hubbell Realty Co.’s portfolio of Edencrest senior living communities, ending Hubbell’s 15-year investment in developing and expanding the brand, real estate records show. Welltower Inc., an S&P 500 company headquartered in Toledo, Ohio, paid Hubbell Realty nearly $133.9 million for the 10 Edencrest communities in deals that…
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