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Dunedin senior living complex sells for $26.5M

September 17, 2022 - The Grand Villa of Dunedin, a 70,500-square-foot senior living community at 880 Patricia Ave., has sold for $26.5 million. Valstone Asset Management, which manages the community that provides assisted living and memory care, sold it to Arizona-based Inspired Healthcare Capital, according to public records. Inspired Healthcare Capital took out a roughly $15.71 million mortgage loan from Lakeland Bank. The investment group manages a growing portfolio of assets valued in excess of $900 million located nationwide, according to its website. 

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