Chicago-based real estate investor Oxford Capital Group, in a joint venture with funds managed by affiliates of Fortress Investment Group, announced the acquisition of three seniors housing properties in Sequim, Washington. Previously owned by an independent family operator, The Sherwood Portfolio comprises 256 units. New ownership will invest over $8 million in building renovations and an expansion of the portfolio’s assisted living and memory care offerings. Oxford’s senior housing management affiliate, Oxford Living US LLC, will manage the properties.
Oxford Capital Group and Fortress Investment Group Acquire Washington State Portfolio
