NORTH BERGEN, N.J. — Evans Senior Investments (ESI) successfully represented the sale of Hudson Hills Senior Living, a 212-unit continuing care retirement community (CCRC) in North Bergen, just across the Hudson River from Manhattan.
Hudson Hills was originally constructed in 1897, with additional expansions in 1942, 1972, 1980 and 1990. The community features 59 independent living units, 81 assisted living units, 12 memory care units and 60 skilled nursing beds.
ESI represented the seller, an independent owner-operator based in New Jersey. The buyer was an East Coast owner/operator expanding in the state of New Jersey. The price was not disclosed.
At the time of marketing, the senior living portion of the community was about 50 percent occupied, while the skilled nursing portion was 90 percent occupied.