Minneapolis, Minnesota, September 1, 2026 – Evans Senior Investments (ESI), a national seniors housing and skilled nursing brokerage and advisory firm, has completed the sale of a four-property, 453-unit senior living portfolio located throughout the Minneapolis–St. Paul MSA for $200,000,000, or $442,000 per unit, one of the largest transactions in the state this year.
The portfolio was comprised of four Class A senior living properties. Each community was purpose-built between 2015 and 2019, offering independent living, assisted living, and memory care, with an enhanced care component.
The buyer, a publicly traded healthcare REIT, acquired the communities alongside a Minnesota-based operator with an established Twin Cities presence.
How ESI Added Value:
ESI ran a confidential, targeted marketing process that drew a significant number of offers from institutional and private buyers active in the seniors housing sector. The portfolio traded at a near-record price per unit for the state.
For more information on this transaction or ESI’s active pipeline, please contact Allison Irwin at airwin@evanssenior.com or (630) 740-0474.
About Evans Senior Investments
Evans Senior Investments is a leading investment brokerage firm specializing in the sale, lease, and financing of senior housing and skilled nursing communities across the country. Founded in 2009 by twin brothers Jason and Jeremy Stroiman, ESI aims to provide a more efficient, transparent, and faster selling process through a unique team-based approach to brokerage. ESI’s sellers are represented by the entire firm, with each member an expert in the varying aspects of the transaction process.
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