Morgan StanleyMorgan Stanley's real estate arm acquired a 300-unit Class A seniors housing portfolio in Orlando and Tampa, expanding its senior living holdings to 13 communities.

Morgan Stanley Investment Management, through funds managed by Morgan Stanley Real Estate Investing (MSREI), has acquired a Class A seniors housing portfolio in the Orlando and Tampa metropolitan areas. The portfolio consists of two communities with 300 independent living, assisted living, and memory care units, and will continue to be operated by AgeWell Senior Living. This acquisition expands MSREI's seniors housing portfolio, which now includes 13 senior living communities across the United States, reflecting the firm's focus on high-quality seniors housing driven by demographic trends. MSREI manages $58 billion in gross real estate assets worldwide.
Morgan StanleyMorgan Stanley's real estate arm acquired a 300-unit Class A seniors housing portfolio in Orlando and Tampa, expanding its senior living holdings to 13 communities.
AgeWell Senior Living will continue to operate the two acquired communities, but no financial or operational terms are disclosed.