Independent & Assisted Living

Washington State Senior Living Community

SOLD – 178 Unit Independent & Assisted Living Community

Posted In — Success Stories |
per unit

Project Outline

— Current rates at the community at the time of sale averaged $2,280 for IL and $3,432 for AL.

— The community averaged 78% occupancy leading up to the sale.

— The new owner plans to inject a large amount of capital in order update the asset, press rates, and occupancy.


— Our team put together an in depth offering memorandum featuring in depth location and community details, thorough analysis of current operations, and detailed sales comparables.

— Took offering to targeted institutional buyer looking to expand presence in Florida.

— Orchestrated and oversaw due diligence process to ensure a smooth transaction on both sides.


— The transaction occurred between a large institutional buyer and mom and pop seller who have asked not to be identified.

— Community sold for $25.5 million with the buyer planning to inject more capital to improve the community.

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