REBusinessOnline

JCH Negotiates $16.5M Sale of 152-Unit Seniors Housing Portfolio in Pacific Northwest

WASHINGTON AND OREGON — JCH Senior Housing Investment Brokerage has arranged the sale of four assisted living and memory care communities in Washington and Oregon.

The existing operator matched the top offer of $16.5 million for the properties and will now take over ownership from the industry veterans selling the communities.

The portfolio totals 152 units. The specific names and locations of the assets were not disclosed.

Jim Hazzard and Nick Stahler were the lead advisors on the transaction.

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