Matter Development purchases Brookfield senior living facility for $13 million

Will be operated by Koru Health

An affiliate of Wauwatosa-based Matter Development, which builds and owns senior living facilities across the region, purchased a Brookfield assisted living facility for $13.2 million. Known as Lakewood Assisted Living & Memory Care, the 66-unit facility at 4065 N. Calhoun Road was built in 2018 and was fully occupied at the time of the sale.

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