BlackRock buys Boston-area 218-unit, Senior Housing Community from Wood Partners, Alta Oxbow, for $98M ($452,752/unit)

8/28/2024

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Bisnow

• Subcategory: MF: Affordable, MF: Market Rate, MF: Senior

• Tag: Sale

• Additional Filters-Subcategory: MF: Garden

• Additional Filters-Tags: Sale: Investment, Sale: Single Property

• Company: BlackRock (NYSE: BLK), Wood Partners

An entity linked to BlackRock Realty Advisors acquired an active adult community for residents over 55 years old in Wayland for $98M, according to property records. The investment giant bought the Alta Oxbow property at 495 Boston Post Road from developer Wood Partners.