SLIB Negotiates Sale of 77-Unit Seniors Housing Community in Whittier, California
WHITTIER, CALIF. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Posada, a 77-unit assisted living and memory care community in Whittier, a suburb of Los Angeles.
The facility was built in 1984 with a renovation in 2017. It totals 41,658 square feet on approximately 0.72 acres of land.
The seller was a regional owner-operator looking to divest from the senior care space. The buyer is a local owner-operator that plans on making some renovations to the property. The price was not disclosed.
Brad Goodsell, Jason Punzel and Vince Viverito of SLIB handled the transaction.