Tony Cassie & Sam Thompson of Walker & Dunlop closed the sale of a 64-unit assisted living/memory care community in the Olympia, Washington area. The team went from escrow to closing in just four months. A local investor was the seller and planned to exit the seniors housing business altogether with the deal.
A regional private investor paid an undisclosed sum for the property. Built in 2005, the community was 91% occupied at the time of sale.