NAI DESCO closes sale of 261,000-square-foot senior-living community in St. Louis market

February 12, 2016  |  Staff Writer  |  Print Article  |  Email this Article


cedarsNAI DESCO recently arranged the sale of one of the largest senior-living communities in the St. Louis area, the Cedars of Town & Country, a 261,595-square-foot facility on 25.43 acres.

The property sold for $34 million on Feb. 1.

Carl Conceller of NAI DESCO represented the buyer, Lutheran Senior Services.

The Cedars of Town & Country contains 230 skilled-nursing beds, 22 residential care II beds and 54 assisted-living beds. Located in West St. Louis County in Chesterfield, Missouri, the facility has been renamed Mason Point.

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