Verdot Capital Sells Hayden Grove Bloomington for $59.5 Million

American Healthcare REIT acquires the 166-unit Hayden Grove Bloomington senior community from Verdot Capital as Minneapolis-area senior housing demand peaks.

By: AXL Media

Published: Mar 13, 2026, 8:14 AM EDT

Source: https://www.multihousingnews.com/

Institutional Investment in the Minneapolis Senior Sector

The sale of Hayden Grove Bloomington highlights the strengthening liquidity and investor appetite in the Minneapolis-St. Paul senior housing market. American Healthcare REIT secured the asset through its affiliate, AHR Bloomington MN SH, marking its third acquisition in the state within recent months. The transaction price of $59.5 million reflects a premium for modern, 2021-built assets that offer a full spectrum of care. Despite the change in ownership, Great Lakes Management continues to handle day-to-day operations, ensuring continuity for the existing residents.

Asset Profile: Continuum of Care

Hayden Grove Bloomington, located at 8715 Portland Ave. S., is a four-story property designed to allow residents to "age in place" by offering three distinct tiers of service:

Independent Living: 65 units for active seniors.

Assisted Living: 65 units for those requiring daily support.