Evans Senior Investments Negotiates $6.5M Sale of Memory Care Community in Costa Mesa

by Nellie Day

COSTA MESA, CALIF. — Evans Senior Investments has arranged the sale of Villa Rose Memory Care, a 98-bed memory care community in the Los Angeles suburb of Costa Mesa, for $6.5 million.

Pacifica Senior Living acquired the property from Sorenson Capital. The purchase price equates to $130,000 per unit.

The 31,900-square-foot community underwent a $1.7 million renovation in 2011.

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