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ORANGE COUNTY, CALIF. — JCH Senior Housing Investment Brokerage has arranged the sale of a seniors housing community in Orange County for $95.5 million.
The property features 214 units of independent living, assisted living and memory care. The specific name and location were not disclosed.
JCH represented the seller, a national owner-operator. The buyer was a Chicago-based private equity firm highly involved in the seniors housing industry.
According to JCH, the transaction benefitted from the seller’s willingness to retain operations, high barriers to market entry, 94 percent occupancy and a 53 percent operating margin.
Nick Stahler, Mike Mooney and Jim Hazzard were lead advisors in the transaction.