DALLAS, TX – January 24, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of five seniors housing properties totaling 325 units across the southeastern United States. 

The HFF team marketed the property on behalf of the seller, Principal Senior Living Group.  A national private equity fund purchased the offering free and clear of existing debt.  The properties will continue to be operated by Principal Senior Living under the Benton House brand.  The portfolio, which consists of properties in Florida, Georgia and South Carolina, has an average completion date of 2015 and a total 225 assisted living and 100 memory care units.

The HFF investment advisory team representing the seller included senior directors Ross Sanders and David Fasano along with senior managing directors Ryan Maconachy and Chad Lavender.