Oregon/Washington August 8, 2018.
Coming off the heels of its $7,400,000 Riverwest Senior Living sale in Washington, JCH Senior Housing Investment Brokerage is pleased to announce the successful closing of a four-facility portfolio for $16,500,000. The assets consisted of 152 Assisted Living and Memory Care units located in Oregon and Washington. The Sellers were senior housing industry veterans, who selected the JCH Senior Housing experts to confidentially dispose of the assets.
Utilizing their expert knowledge of the Pacific Northwest regional market, JCH customized a national marketing campaign for the Sellers, producing multiple competitive bids. JCH’s strategy ultimately created demand for the existing operator to match the best offer and proceed to closing – bringing the escrow process to completion, and exceeding the Sellers’ expectations.
Jim Hazzard and Nick Stahler were the lead advisors on the transaction.