Home Industries Real Estate Sussex assisted living and memory care facility sold for $31 million

Sussex assisted living and memory care facility sold for $31 million

By
Hunter Turpin
-
A construction photo of The Courtyard. Image from Apartments.com

A Sussex assisted living and memory care facility has been sold for $31.1 million. The Courtyard, located at W235 N6350 Hickory Drive, was built in 2022 and is operated by Chicago-based Encore Senior Living. It includes 110 units in a two-story building and offers varying levels of care. The 7.7-acre property was purchased by an

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Hunter Turpin
Hunter covers commercial and residential real estate for BizTimes. He previously wrote for the Waukesha Freeman and Milwaukee Journal Sentinel. A graduate of UW-Milwaukee, with a degree in journalism and urban studies, he was news editor of the UWM Post. He has received awards from the Milwaukee Press Club and Wisconsin Newspaper Association. Hunter likes cooking, gardening and 2000s girly pop.
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A Sussex assisted living and memory care facility has been sold for $31.1 million. The Courtyard, located at W235 N6350 Hickory Drive, was built in 2022 and is operated by Chicago-based Encore Senior Living. It includes 110 units in a two-story building and offers varying levels of care. The 7.7-acre property was purchased by an affiliate of National Health Investors, which is based in Murfreesboro, Tennessee and owns 195 properties in 33 states, according to its website. The company owns four other properties in Wisconsin, including Ignite Health Resort in Oak Creek. The Courtyard was sold by an affiliate of Encore Senior Living, state records show. The property has an assessed value of $16.8 million, according to Waukesha County records.

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