Walker & Dunlop Investment Sales facilitated the sale of three separate seniors housing assets. First, W&D announced the sale of Legacy Living Florence, a 128-unit senior living community just south of Cincinnati, Ohio. Built in 2022, Legacy Living offers independent living, assisted living and memory care. After receiving multiple offers, a REIT was selected as the buyer. Alex Vice, Joshua Jandris, Brett Gardner and W&D’s Seniors Housing Team handled the transaction.
Next, W&D facilitated the sale of Lakeview Senior Living. Built in 2008, the community comprises 125 independent living units in Lakewood, Colorado. The buyer was Livingston Street Capital. Joshua Jandris and W&D’s National Investment Sales Team handled the transaction.
Lastly, W&D Investment Sales announced the sale of American House Macedonia, a 100-unit assisted living/memory care community in northeast Ohio. Sonida Senior Living, Inc. acquired the community for $10.7 million, or $107,000 per unit, bringing the total number of its Ohio portfolio properties to 11. The community, built in 2015, experienced operational challenges due to the pandemic. Alex Vice, Joshua Jandris, Brett Gardner and W&D’s Seniors Housing Team handled the transaction.
