Bristal in Massapequa to be Sold

Former owner buys back senior housing facility.

at Massapequa and four other senior housing properties have been sold back to the ownership group that parted with them five years ago.

The Engell Burman Group paid $290 million for the assisted living facilities to Chartwell Seniors Housing Real Estate Investment Trust of Ontario and ING Real Estate of Australia, according to Chartwell's website.

Engell Burman had previously managed the properties for Chartwell and ING since selling it to them in 2007.

They're expected to assume about $200 million of the seller's debt and sale is expected to close in the fourth quarter of 2012.

The Bristal in Massapequa opened in 2006. They provide studio, one bedroom and two bedroom apartments as well as some suites.

jim g. May 26, 2012 at 05:16 AM
I hope they change there choice of hospice care to a local hospice care network and not one that is inconvieniently located at the mid town tunnel.
Diane June 12, 2012 at 03:42 PM
My Mom was placed there for one month, against her will, by her "law" guardian, Mary Giordano, of Franchina and Giordano in Garden City, NY. Mom was billed $53,000 for 30 days!!! Be very wary of taking your parents here!!!
Andrea Constantino August 25, 2012 at 05:15 PM
The food is terrible, the staff is neglectful, and the cost is beyond reasonable. Definitely look into the other available options!


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