Waters Senior Living Facility in Excelsior Sold for $53 Million
Waters senior living has sold its facility located in Excelsior to a California Real Estate Investment Trust for $53 million.
Minneapolis St. Paul, MN, November 5, 2026 — A senior living facility situated in Excelsior has been sold for $53 million. The transaction involved Waters senior living as the seller and a California-based Real Estate Investment Trust (REIT) as the buyer.
The specific name of the facility was not provided in the available information. The sale price, $53 million, represents a significant financial transaction within the senior living sector. Details regarding the REIT’s identity or its specific plans for the acquired property were not disclosed.
Waters senior living, the seller in this transaction, is a participant in the senior housing industry. The nature of its operations or its portfolio beyond this specific facility was not detailed. Similarly, the California Real Estate Investment Trust’s exact name and its previous acquisitions or investment strategies were not made public.
The location of the facility is identified as Excelsior. Further details regarding the operational status of the facility post-sale, such as any changes in management or services offered, were not available. The timeline of the sale, including the date it was finalized, was also not specified.
Real estate transactions, particularly in the senior living sector, can be influenced by various market factors, including demographic trends, healthcare demands, and investment climates. However, no specific market analysis or commentary was provided in relation to this particular sale. The financial details of the deal, including the $53 million valuation, stand as the primary disclosed figures.
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