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January 12, 2022

West Hartford senior living facility sells for $4.9M

Photo | CoStar The Hamilton Heights senior living facility in West Hartford.
By Michael Puffer

The Hamilton Heights senior living facility in West Hartford sold for $4.9 million in December, according to town records.

The property at 1 Hamilton Heights Drive includes a 320,874-square-foot building and was sold by VTR Northeast Holdings to Hamilton Heights Owner LLC on Dec. 17, according to land records. The property includes 10 acres, according to the town assessing office.

VTR Northeast Holdings shares a Louisville, Ky., address with Ventas, a real estate investment trust specializing in senior living and care communities.

Vetas paid $14.3 million for the property in 2013, according to town assessing records.

Hamilton Heights Owner LLC is the limited liability company used by Peregrine Senior Living, to hold the property. 

"We love the building," said Peregrine President Stephen Bowman. "It has beautiful public spaces, a beautiful chapel and library." 

Bowman said the West Hartford property was bought as part of a portfolio of six buildings, including four in New York and one in Maryland. Bowman said his Syracuse-based company took over daily management of the facility on Dec. 15. 

Hamilton Heights currently caters to about 70 residents, but has the capacity for 100, Bowman said. It currently has 15-dwellings for clients in need of specialized memory care services, and plans to expand that by another 10 to 12 units, he said. 

Bowman said Peregrine offers specialized memory care with processes to help clients keep connected to themselves through deep rooted long-term memories and patterns.

According to Peregrine’s website, the company operates 11 senior communities in New York state, one in Maryland and the Hamilton Heights facility in West Hartford.

 

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