Sarah Anderson |
DALLAS, TX –– Holliday Fenoglio Fowler, L.P. (“HFF”)
announces the sale and financing of three Class A seniors housing properties
totaling 253 units in suburban Seattle and Northern California.
David Fasano |
The HFF team marketed the property exclusively on behalf
of the seller, Áegis
Living. A joint venture of Blue Moon
Capital Partners and Áegis Living
affiliates purchased the properties free and clear of existing financing.
Additionally, HFF’s debt placement team
worked on behalf of the new owner to secure fixed-rate agency financing to fund
the acquisition.
The portfolio offers a blend of assisted living and memory care units
within properties that feature best-in-class finishes and have a combined
average occupancy of nearly 95 percent.
Ryan Maconachy |
The two Seattle-area properties in the
portfolio are Áegis of Bellevue at 148 102nd Avenue SE in
Bellevue, which consists of 68 assisted living and 18 memory care units, and
Áegis Lodge of Kirkland at 12629 116th Avenue NE in Kirkland,
which consists of 70 assisted living and 17 memory care units.
The Northern California property, Áegis of
Aptos, is located at 125 Heather Terrace in Aptos, which is an oceanside
community approximately eight miles east of Santa Cruz and less than 40 miles
south San Jose.
The HFF investment advisory team representing the seller included
senior director David Fasano, senior managing directors Ryan
Maconachy and Chad Lavender and senior director Ross Sanders along
with managing director Mark Wintner and director Christopher Ross.
Ross Sanders |
Holliday GP Corp. (“HFF”) is a
real estate broker licensed with the California Department of Real Estate,
License Number 01385740.
Áegis Living is a national leader in assisted living and memory care.
The privately-held company founded in 1997 is headquartered in Bellevue,
Washington, and operates 30 communities in Washington, California and Nevada.
Follow the company on Twitter @Áegisliving and Facebook at http://www.facebook.com/ÁegisLiving. Visit the company website at www.Áegisliving.com.
Mark Wintner |
Through a series of funds and a
separate account, Blue Moon invests in development and recapitalization of new,
purpose built, innovative senior housing communities in joint venture with
leading senior housing developers and operators.
CONTACTS:
DAVID FASANO
HFF Senior Director
(214) 265-0880
SARAH ANDERSON
HFF Director
(214) 265-0880
MARK WINTNER
HFF Managing Director
(310) 407-2100
CHRISTOPHER ROSS
WA Lic. #27291
HFF Director
(206) 576-0050
OLIVIA HENNESSEY
HFF Public Relations Specialist
(713) 852-3403
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