GRAND JUNCTION AND GREELEY, Colo. — JLL has brokered the $30 million sale of a seniors housing portfolio located in Colorado. The portfolio comprises two private pay communities — The Lodge at Greeley and The Lodge at Grand Junction — totaling 140 units. Bow River Capital sold the properties to an undisclosed buyer. JLL Capital Markets represented the seller in the transaction.
Delivered in 2020, The Lodge at Greeley in Greeley offers 92 residences, with 20 independent living units, 48 assisted living units and 24 memory care units in studio and one-bedroom layouts. Amenities at the property include a salon, library, fitness center, private event rooms, restaurant style dining and an outdoor dining area.
The Lodge at Grand Junction in Grand Junction was completed in 2019 and features 50 assisted living and memory care beds across 48 units in studio and one-bedroom layouts. Amenities at the community include a salon, media room, therapy and exercise room, chapel and restaurant style dining.