A joint venture between Westport Capital Partners and Integro Healthcare Consulting is swapping two seniors housing assets located in the Southwest. First, in Santa Fe, New Mexico, the JV is selling a 99-unit independent living/assisted living community with a checkered past to Sabra Health Care REIT for $22 million, or about $220,000 per unit. In addition, there are 46 individually-owned condos. Originally conceived as an IL for-sale condominium complex geared towards those in the LGBT community, the property opened in 2008 during the Great Recession, and had a difficult time leasing up under inexperienced ownership. The joint venture between Westport Capital Partners and Integro purchased it in 2014 at a discount to its $25.5 million development cost (which included the 46 condos). To improve operations, the JV focused on renting units in addition to broadening its potential market. Continuing that, Sabra has plans to purchase the remaining 46 owned condos upon turnover. Integro will also stay on as manager. The same team also purchased a 359-unit senior living community with IL, AL, memory care and skilled nursing services in Phoenix, Arizona. Integro will take over as operator from Brookdale Senior Living. Richard Swartz, Jay Wagner, Aaron Rosenzweig and Timothy Hosmer of Cushman & Wakefield (C&W) handled the Santa Fe sale. C&W also arranged $15.1 million in financing for the Phoenix acquisition.