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Naples Senior Living Campus Sells for $10 Million to BH Group Partnership

Naples Senior Living Campus Sells for $10 Million to BH Group Partnership

Naples, FloridaSource: Florida YIMBY
CompaniesDeals

BH Group and Gold Standard of Care have acquired AdviniaCare Naples, a senior living and skilled nursing campus on about 5.1 acres at 7801 Airport-Pulling Road North in Naples, Florida. The price was $10 million.

The campus includes an assisted living facility and a skilled nursing and rehabilitation component. Prior transaction records list 117 units, made up of 93 assisted living units and 24 skilled nursing units with 40 licensed beds, across roughly 78,859 square feet.

The partners will rebrand the two components as AHAVA senior residences and AHAVA skilled nursing. Ricki Kaneti will lead day-to-day operations. The buyers also plan renovations, property enhancements and landscaping work, though they have not disclosed costs or a timeline.

The property previously operated as HarborChase and was part of a 2021 portfolio sale of $26.8 million. The partnership builds on earlier senior living purchases in Aventura and Boca Raton.

For developers and lenders, the deal signals continued investor interest in Naples senior care assets and in operational repositioning of existing facilities rather than ground-up construction.

Topics

adviniacare-naplesahava-senior-livingbh-groupgold-standard-of-carehealthcare-real-estatenaplessenior-livingskilled-nursing

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