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News Story
Updated: 01/11/2014 01:01:39PM

Aston Gardens at Pelican Pointe gets new owners

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PHOTO BY ROGER BUTTON

In September 2006, Aston Gardens at Venice LLC acquired the facility for $71,985,296 and in September of 2013, Sunrise AG Pelican Pointe purchased it for $54,540,000.

By ROGER BUTTON

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One of the less publicized financial transactions that took place in the final quarter of 2013 was the buy-in by a national company to the Aston Gardens Retirement Community Group.

It was another ownership change for Aston Gardens at Pelican Pointe when the owners, Discovery Senior Living, partnered with Kayne Anderson Real Estate Advisors (KAREA) to buy out Discovery’s existing partner in the Aston Gardens senior housing portfolio.

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