Senior Living Investment Brokerage successfully closed the sale of an assisted living portfolio with the help of Vince Viverito, Jason Punzel, and Brad Goodsell. The portfolio comprised a total of 212 assisted living and memory care units across three properties in the Rocky Mountain area.
Built from 2017 to 2020 the portfolio sold for a price of $37.5 million or $177,000 per unit. Occupancy ranged drastically from a community in lease-up at 12% to a community with 77%. An Arizona-based owner/operator purchased the assets from a Utah-based developer who was looking to exit the industry.
