July 10, 2007
Franklin, Acton facilities bought by Conn. firm
By Matthew L. Brown
A Westport, Conn. real estate investment firm has bought assisted living facilities in Acton and Franklin as part of a four-facility purchase.
In addition to the Inn at Forge Hill in Franklin and the Inn at Robbins Brook in Acton, Westport Capital Partners LLC bought the Inn at Fillmore Pond in Bennington, Vt., and the Inn at Spruce Wood in Durham, N.H.
Westport Captial worked with the Capital Health Group and Kaplan Development Group on the acquisitions. Financial terms of the deal were not disclosed.
The facilities total 369 units, 23 percent of which are independent living units. The remainder of the units are assisted living units and Alzheimer's units. All were built between 1999 and 2004.
In addition to the Inn at Forge Hill in Franklin and the Inn at Robbins Brook in Acton, Westport Capital Partners LLC bought the Inn at Fillmore Pond in Bennington, Vt., and the Inn at Spruce Wood in Durham, N.H.
Westport Captial worked with the Capital Health Group and Kaplan Development Group on the acquisitions. Financial terms of the deal were not disclosed.
The facilities total 369 units, 23 percent of which are independent living units. The remainder of the units are assisted living units and Alzheimer's units. All were built between 1999 and 2004.
WBJ Web Partners
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