JCH Senior Housing Investment Brokerage is pleased to announce the successful lease negotiation of a 122-Unit Assisted Living Facility located in Riverside CA. JCH was engaged and tasked by the landlord, a single asset owner, to either sell the asset or replace the existing tenant. JCH solicited bids for either a fee simple sale or a leasehold from multiple operators in the market. The process resulted in a multi-year NNN lease with plans to execute a purchase option by 2025.
If you know or are a landlord struggling to negotiate a lease with a current or new tenant, or would like to ensure you are getting top dollar for your lease please contact JCH immediately. We can help maximize the lease rate, therefore maximizing the return and the value of the fee simple position.
Jim Hazzard was the lead advisor on the transaction.