JLL Capital Markets led the sales efforts for the seniors housing communities in premier southeast coast Florida markets
News release
09 October 2025
Sonata Vero Beach and Sonata Boca Raton trade in recent sale
MIAMI, Oct. 9, 2025– JLL Capital Markets announced today that it has arranged the sale of Sonata Vero Beach and Sonata Boca Raton, two seniors housing communities totalling 178 units in premier southeast coastal Florida markets.
JLL’s Seniors Housing Capital Markets team represented the seller, funds managed by affiliates of Fortress Investment Group. Agewell Solvere Living will remain the operator at both communities.
Both the Vero Beach and Boca Raton markets boast dense populations with an average net worth for residents aged 75 and older in excess of $3 million. Additionally, both markets are expected to see the 75 and older cohort with a household income of more than $100,000 grow by more than 36% and 40%, respectively, over the next five years.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
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About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 112,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.