SANTA BARBARA, Calif. — August 23, 2019 – JCH Senior Housing Investment Brokerage has arranged the sale of a boutique, 23-unit assisted living and memory care facility on the Central Coast of California.
Located in Santa Barbara County, the property originally features 15 units before an eight-unit expansion. A family-owned owner-operator was selling the community as part of a retirement plan.
A local seniors housing owner acquired the community for $5.2 million.
Jim Hazzard, Nick Stahler and Cindy Hazzard of JCH handled the transaction process.