Following up on its $1.45 billion in total closings for 2015, HFF recently closed another sale. Representing the seller, a private San Diego-based owner/operator, Ryan Maconachy and Chad Lavender of HFF sold a 95-unit assisted living community (built in 1988) and an 84-unit memory care community (built in 1997 and 2006), both located in Pensacola, Florida. The two communities combined for 94% occupancy, but the AL was dragging slightly. The owner completed almost $1.3 million of capex since the beginning of 2014 at the MC community, and was in the middle of renovating the AL community. Capital Senior Living was the buyer and purchased the properties for $48 million, or $268,156 per unit, free and clear of existing debt, which is actually the highest price paid so far this year for a non-REIT operating company.