Cushman & Wakefield Arranges Acquisition, Recapitalization of Acoya Mesa in Arizona

by Jeff Shaw

MESA, Ariz. — Cushman & Wakefield, as exclusive advisor to EverWest Real Estate Investors, Ryan Cos. US Inc. and Cadence Living, has arranged the acquisition and recapitalization of Acoya Mesa, a Class A seniors housing community in the Mesa suburb of Phoenix.

The property was purchased for $46.3 million by a global real estate investment manager that will retain Ryan and Cadence Living to continue operating the community.

Cushman & Wakefield’s Rick Swartz, Jay Wagner, Aaron Rosenzweig, Dan Baker and Jack Griffin represented the seller and procured the buyer. The team also exclusively arranged the acquisition financing on behalf of the buyer. A national lender provided the non-recourse loan.

Acoya Mesa features 170 units of independent living, assisted living and memory care.

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