The Zett Group was engaged by an owner/operator in the divestment of a seniors housing community it had owned for 33 years in Central Washington. The community comprises 60 units of assisted living and memory care. The buyer was an owner/operator based out of Seattle.
Blake Bozett handled the transaction, having called nearly every owner/operator in the state and procuring five offers. Ultimately, an all-cash buyer was identified. Recognizing the typically slower licensure process in Washington, The Zett Group recommended closing on an interim agreement until the full change of ownership was approved. Randi Nathanson and Parisa Zarelli of Lane Powell PC led the closing, ensuring all interim steps were handled with precision.
