Cushman & Wakefield’s National Senior Housing Capital Markets team arranged the sale of a 152-unit portfolio containing four stand-alone memory care communities located in the greater Houston metro area. Rick Swartz, Jay Wagner, Aaron Rosenzweig, Jim Dooley and Chris Remeika represented the seller, Healthcare Trust, Inc., in the transaction. McFarlin Group, a Dallas-based private equity firm, acquired the portfolio and closed all cash, although the purchase price was not disclosed.
The portfolio included Addington Place of The Woodlands, Addington Place of Cy-Fair, Addington Place of Meyerland and Addington Place of Clear Lake, all of which opened between 2010 and 2012.
