JLL Capital Markets led the sales efforts for Sonata Viera, which offers independent, assisted living and memory care on Florida’s Space Coast
Key Takeaways
- JLL Capital Markets completes sale of Sonata at Viera, a 200-unit seniors housing campus in Melbourne, Florida
- Sonata at Viera is a best-in-class, full-continuum campus featuring two Class A buildings with independent living, assisted living and memory care
- The property is well-located, adjacent to the Veteran’s Affairs Hospital in Viera, an affluent master-planned community on Florida’s Space Coast
ORLANDO, Sept. 16, 2026 – JLL Capital Markets announced today that it has arranged the sale of Sonata at Viera, a 200-unit, Class A seniors housing campus in Melbourne, Florida.
JLL’s Seniors Housing Capital Markets team represented the seller, AEW Capital Management, in the all-cash sale of the property to National Healthcare Properties (Nasdaq: NHP). AgeWell Senior Living will remain on as the third-party operator.
The campus consists of two properties offering the full continuum of care. Sonata Viera, the original 82-unit assisted living community, was delivered in 2013 and sits on a ground lease with the U.S. Government via the Department of Veterans Affairs. Sonata East at Viera, the 118-unit independent living and memory care expansion, was completed in 2021 and achieved a remarkable 12-month lease-up following delivery. The combined campus is currently 98% occupied. Sonata Viera was renovated in 2024-2025 to align with the newer independent living/memory care delivery. The campus features an abundant amenities package, including multiple dining venues, a resort-style pool, fitness center, salon and spa, private cinema and rooftop terrace.
Located at 3325 and 4206 Breslay Drive in the Viera master-planned community, Sonata at Viera benefits from an exceptional partnership with the adjacent VA Outpatient Clinic, which provides invaluable referrals and serves thousands of U.S. Military veterans in the region. The property also includes seven acres of excess land that offer flexibility for future development.
Florida’s Space Coast has experienced explosive growth over the past decade, driven by the resurgent space exploration, aviation, manufacturing and electronic engineering industries. Viera, an affluent master-planned community now home to approximately 30,000 residents and 800 businesses, benefits from exceptional demographic tailwinds. The 10-mile primary market area is projected to see 25.2% growth in the population aged 75 and older over the next five years, with average net worth for seniors aged 75 and older reaching $2.45 million.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.
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About JLL
JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 112,000 as of June 30, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.
About AEW Capital Management
For 45 years, AEW Capital Management, L.P. (AEW) has provided real estate investment management services to investors worldwide. As one of the world’s largest real estate investment advisors, AEW and its affiliates manage $85.5 billion in private real estate equity, debt and listed securities across North America, Europe and Asia (as of March 31, 2026). Grounded in research and experienced in the complexities of the real estate and capital markets, AEW actively manages portfolios in both the public and private property markets and across the risk/return spectrum. AEW and its affiliates have offices in Boston, Los Angeles, Denver, London, Paris, Hong Kong, Seoul, Singapore, Sydney and Tokyo, as well as additional offices in eight European cities.
About National Healthcare Properties
National Healthcare Properties, Inc. (Nasdaq: NHP) is a self-managed real estate investment trust focused on acquiring, owning and investing in a diversified portfolio of healthcare real estate, with an emphasis on providing senior housing to serve a growing elderly population in the United States. Additional information about the Company can be found on its website at nhpreit.com.
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