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Healthcare REIT Sells Eight-Property Portfolio in Connecticut for $60 Million

Nursing Home, Healthcare Facilities Total 467,367 Square Feet
Chelsea Place Care Center, located at 25 Lorraine St. in Hartford, was among several sites sold by Summit Healthcare REIT. (CoStar)
Chelsea Place Care Center, located at 25 Lorraine St. in Hartford, was among several sites sold by Summit Healthcare REIT. (CoStar)
By David Del Castillo
CoStar Research
May 30, 2024 | 6:06 P.M.

Summit Healthcare REIT recently sold eight properties in Connecticut to the iCare Health Network for $60 million, or $128.38 per square foot.

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