Brookfield pays $36M to Healthpeak Properties for senior housing in Sheepshead Bay

Brookfield Asset Management through the entity Sjv 1 Sheepshead Bay LLC paid $36 million to Healthpeak Properties through the entity Cnl Retirement Sun1 Lp for the 104-unit residential property Sunrise Senior Living at 2211 Emmons Avenue in Sheepshead Bay, Brooklyn.
The deal closed on June 18, 2021 and was recorded on July 12, 2021.
The three condo units that were acquired have 98,250 square feet of built space according to PincusCo analysis of city data. The sale price per built square foot is $366 per the PincusCo analysis.
The signatory for Healthpeak Properties was Jeffrey H. Miller and Adam G. Mabry. The signatory for Brookfield Asset Management was David Cohen.

Jeffrey H. Miller is Executive VP of Healthpeak Properties. David Cohen is managing Director of Brookfield.

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