CCRC

WHEATON, Ill. — As advisor to a venture between Westminster Capital and LCS, Cushman & Wakefield Senior Housing Capital Markets has arranged the sale of Wyndemere, a 432-unit entrance fee continuing care retirement community (CCRC) located in Wheaton, an affluent suburb of Chicago.

THE WOODLANDS, Texas — Kensington Realty Advisors, an investment manager based in Chicago, and SEDCO Capital have jointly acquired The Village at the Woodlands Waterway for an undisclosed price.

BLUFFTON, Ind. — As part of a Chapter 11 planned bankruptcy sale, Senior Living Investment Brokerage has sold River Terrace Estates, a continuing care retirement community in Bluffton, Ind. The purchase price for the real estate was $6 million, but as part of the bankruptcy, the buyer also assumed about $2 million of refundable deposit liability and took over AP/AR. The all-in purchase price is approximately $8 million, which computes to a realized 7 percent cap rate.