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| Chad Lavender |
DALLAS, TX, May 7,
2015 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed
the sale of a 14-property seniors housing portfolio totaling 1,038 units located in California, Oklahoma, Ohio,
Texas, West Virginia and North Carolina.
HFF marketed the portfolio on behalf of the seller, a joint
venture between private funds managed by Iron Point Partners, LLC and Meridian
Senior Living, LLC (Meridian).
ROC Seniors Housing Fund Manager, LLC (“ROC Seniors”)
purchased the 14-property portfolio for an undisclosed amount.
In addition, ROC Seniors agreed to purchase
an additional 46-unit asset located in Ohio that will close at a later
date. Meridian will continue to manage
the properties.
The portfolio is comprised of a mix of independent living,
assisted living and memory care units.
Properties are located in Anaheim, Riverside, Culver City, Los Angeles,
West Hills and Lompoc, California; Mustang and Oklahoma City, Oklahoma; Toledo,
Ohio; Tomball, Texas; Elkins, West Virginia; and Fayetteville, North Carolina.
The HFF team representing the seller was led by managing director
Ryan Maconachy and director Chad Lavender.
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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