The Heritage at Brentwood Continuing Care Retirement Community (CCRC) was sold January 7th by Westminster Capital entities Westminster Fund III LP (38.5%) and Westminster Fund IV LP (31.5%). Heritage is a 217 Independent Living Unit entrance fee CCRC located on 48.5 acres in south suburban Nashville, successfully developed by these two investment Funds in joint-venture with Life Care Services LLC (LCS) and Harpeth Green Properties LLC. LCS will continue to manage and operate the community for the new owner.
About Westminster Capital
Westminster Capital manages real estate investment strategies on behalf of private wealth capital. Founded in 1988, the firm is headquartered in Lake Forest, Illinois. Private client work includes leadership of closed-end investment fund and separate account portfolios totaling approximately $700 million of investor capital. Westminster Capital oversees commercial property investments throughout the United States across several property types and investment risk-reward profiles.