Tuesday, April 21, 2015

HFF closes sale of seniors housing community in Provo, UT


The Courtyard at Jamestown, 3352 North 100 East, Provo, UT

Ryan Maconachy
DALLAS, TX  – HFF announced it has closed the sale of The Courtyard at Jamestown, a 132-unit, trophy seniors housing community in Provo, Utah.

HFF marketed the property on behalf of the seller, Courtyard Retirement Group I, L.C.  ROC Seniors purchased the asset for an undisclosed amount.

The Courtyard at Jamestown is located at 3352 North 100 East near Brigham Young University and the Utah Valley Regional Medical Center.  The asset contains a mix of 104 assisted living units and 28 memory care units and maintains a stabilized occupancy rate above 92 percent overall.

 Community amenities include an events room, movie room, library, fitness center, beauty salon, restaurant-style dining and an outdoor pond/recreation area. 

The HFF team representing the seller was led by managing director Ryan Maconachy and director Chad Lavender.

According to HFF, this is arguably Utah’s finest senior living community offering an unparalleled reputation of high-quality health care services and exceptional lifestyle amenities for its residents.  As a result, the property has been the recipient of multiple Best of State and Best of Utah County awards.

For a complete copy of the company’s news release, please contact:

Olivia Hennessey
Public Relations Coordinator
HFF | 9 Greenway Plaza Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax 713.527.8725 | www.hfflp.com


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