GLASTONBURY, Conn. — Cushman & Wakefield has arranged the sale of Buckingham Heights, a 46-unit, 52-bed memory care community in Glastonbury, a suburb of Hartford.
Richard Swartz, Jay Wagner, Aaron Rosenzweig, Jim Dooley and Jack Griffin represented the seller, Longview Senior Housing, in the transaction. Hamister Group, a seniors housing investor and operator, purchased the property for an undisclosed price.
“This community had some of the most durable cash flow we’ve seen in today’s market and its strong location was especially attractive,” says Wagner.
The property is a single-story building that was thoroughly renovated in 2021. The community opened in late 2001 and historically operates at full occupancy.