JLL has completed the sale of Hayden Grove Bloomington, a 166-unit seniors housing community in Bloomington, Minnesota.
Working on behalf of the seller, Verdot Capital, JLL’s Seniors Housing Capital Markets team arranged the sale to an undisclosed buyer. The operator, Great Lakes Management, will stay in place to manage the community. Delivered in 2021, Hayden Grove Bloomington is a four-story building offering a continuum of care from independent living to assisted living to memory care.
Hayden Grove Bloomington is located at 8715 Portland Ave S., the community is close to the Minneapolis-St. Paul International Airport and nearby healthcare services. The Bloomington area is home to more than 457,000 residents, with 88,000 of those over the age of 65, and a projected growth rate of almost 20% for the 75 and over population over the next five years.
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