Apollo buys Largo assisted living facility

Senior housing deal was part of a $428 million portfolio sale with HCP

  • By Kevin McQuaid
  • | 6:00 a.m. January 11, 2019
  • | 0 Free Articles Remaining!
  • Commercial Real Estate
  • Share

One of the nation’s largest commercial real estate investors has acquired a Largo assisted living facility, part of a portfolio of senior housing properties it bought in Florida and elsewhere around the end of last year.

An affiliate of Apollo Global Management, of New York, bought the Brookdale Pinecrest community, at 1150 8th Ave. S.W., in Largo, for $93.4 million.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news
Subscribe

Already subscribed? Sign in.

Latest News

  • December 13, 2025
Report: Small business optimism up, but worries percolate
  • December 12, 2025
CEO of Bradenton EDC announces retirement
  • December 12, 2025
Manatee County to break ground on $40M veterans complex
  • December 12, 2025
Moez Limayem confirmed as USF’s new president

Sponsored Content