CA Ventures (“CA”), the vertically integrated real estate investment management company, today announced the disposition of its Anthology of Westminster and Anthology of Englewood senior living assets to Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets.
“Anthology’s Westminster and Englewood assets have leased incredibly well – particularly having opened their doors at the onset of the COVID-19 pandemic in February 2020,” said Justin Dickinson, president of Anthology Senior Living. “The strong financial performance of each asset despite a volatile global macroeconomic environment and never-before-seen headwinds across the industry is a testament to both our investment strategy and the talent of our team. We look forward to continuing to invest in the sector through the thoughtful expansion of our industry-leading portfolio.”
The disposed assets include:
Anthology of Westminster (137 units) – Westminster, Colorado
The Westminster community is located nine miles northwest of downtown Denver and within proximity to a prominent retail corridor and residential neighborhoods. The upscale senior living community includes 107 assisted living units and 30 memory care units, in addition to extensive community amenity and modern furniture and appliances.
Anthology of Englewood (130 units) – Englewood, Colorado
The Englewood community is located seven miles south of downtown Denver and features unobstructed views of the Rocky Mountains and Cherry Hills Country Club. The property is comprised of 106 assisted living units and 24 memory care units across seven stories and features high-quality community amenities in addition to modern furniture and appliances.
Today, Anthology owns communities in 37 locations across 15 states in the U.S. Anthology anticipates the delivery of an additional seven projects totaling 950 units over the next two years.