(Read more on the multifamily market.)
NORTH DARTMOUTH, MA-The Northbridge Cos. has acquired a 60-unitassisted living community here, paying $12 million for Heritage atDartmouth. The facility at 239 Cross Rd. is 100% occupied.
"It's a high-quality asset that received a lot of interest,"Cushman & Wakefield director Biria St. John tells GlobeSt.com.C&W's multifamily team of St. John, Simon Butler and NormanLeZotte orchestrated the deal on behalf of the property's sellers,a partnership of National Development and Southcoast HealthSystem.
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