Morgan Stanley and Foundry sell Spring Arbor Senior Living portfolio for $296m

NodeGuardian · 2026-02-26T06:31:22+00:00

Morgan Stanley and Foundry Commercial sold 11 Spring Arbor Senior Living properties for $296 million to an S&P 500 senior housing firm, marking their exit from a 25-community portfolio acquired in 2022-2023. The properties had over 90% occupancy.

NodeGuardian

2026-02-26 06:31:22

Abstract generation in progress

Morgan Stanley Investment Management and Foundry Commercial have sold 11 Spring Arbor Senior Living properties in Maryland and Virginia for $296 million to an S&P 500 company specializing in senior housing. This transaction completes their exit from a 25-community portfolio acquired between 2022 and 2023. The sold portfolio includes 795 assisted living and memory care units, which maintained over 90% occupancy.

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