Greene Park Capital Makes Strategic Entry into Boston's Active Adult Community Market

Greene Park Capital, a healthcare real estate investment firm based in Chicago, has announced its inaugural acquisition of an active adult community located in the Boston suburb. The acquisition was conducted in partnership with a major institutional investor, though the financial details remain undisclosed. The property, a Class-A community with about 225 units, was built within the last five years and is presumed to be well-occupied and stabilized. Greene Park is keen on expanding its presence in the active adult sector, with a pipeline valued at approximately $250 million, focusing on institutional-quality opportunities across major metropolitan and suburban areas.