CBRE National Senior Housing acted as the exclusive advisor on the sale of a Class-A seniors housing community in the Houston, Texas MSA. Built in 2012, the community comprises 207 units offering independent living, assisted living and memory care services. CBRE National Senior Housing also arranged acquisition financing for the community on behalf of a joint venture between a national operator and an institutional equity partner.
John Sweeny, Senior Vice President and Co-Head of CBRE National Senior Housing, and Aron Will, Vice Chairman and Co-Head of CBRE National Senior Housing, represented the seller in this transaction. The sales price is undisclosed. Will and Tim Root of CBRE National Senior Housing also originated the loan on behalf of the sponsor.
