Avenu at Natick, an ages-62-and-up apartment community, was sold to developer and property manager, Greystar Real Estate Partners of Charleston, South Carolina for $86.5 million, in a deal that closed Aug. 2, according to the Middlesex South Registry of deeds.
The seller was National Development of Newton who opened the 164-unit complex in 2019.
Avenu at Natick is part of a growing market for senior-living complexes, geared towards an aging population. The complex advertises luxury amenities including a pool, putting green, theater, and salon.
Locally, Greystar also manages The Retreat at Marlborough, Avana Marlborough, Â Stone Gate Apartments in Marlborough, The 6Hundred in Worcester, and Colton Apartments in Worcester, according to their website.Â
