November 21, 2024 1:09 pm
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Fortress Investment Group Spends $240,000+ per Unit for Assisted Living Facility

Scottsdale – A company formed by Fortress Investment Group LLC in New York City, N.Y. (NYSE:FIG) paid $24.6 million ($241,176 per unit) to purchase the 102-unit Desert Flower assisted living facility located at 9185 E. Desert Cove in Scottsdale. The seller was Desert Flower LLC, a company formed by BDC Advisors LLC in Portland, Ore. County records show Desert Flower Owner LLC is the name of the entity that took title to the assisted living facility. Fortress Investment Group is a leading global investment manager with roughly $46.4 billion in assets under its management. BDC Advisors is the nation’s leading strategy consulting firm exclusively servicing the healthcare services sector in the U.S. Get more from representatives of Fortress Investment Group at (212) 798-6100. Walter Bowen is the managing member of the BDC Advisors entity that sold Desert Flower . . . call him at (305) 873-8750.

 


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