The historic property of Hudson Hills Senior Living in North Bergen, New Jersey, has been sold to an east coast-based owner operator expanding its portfolio in the Garden State. The CCRC was originally built in 1897 with recent renovations last dated to 1990. Located just five miles outside of Manhattan, the community consists of 59 independent living units, 81 assisted living units, 12 memory care units, and 60 skilled nursing beds, comprising a total of 152 units. At the time of the sale, the senior living portion of the community was about 50% occupied and the skilled nursing portion was 90% occupied.
Evans Senior Investments handled this transaction. Since March 31, 2020, Evans Senior Investments has closed over $1.3 billion in transaction volume.
