IRVING and PLANO, Texas — Cushman & Wakefield Senior Housing Capital Markets has arranged the sale of two seniors housing communities in the Dallas Metroplex.
A real estate investment company acquired the properties for an undisclosed price. The communities total 265 units and include MacArthur Hills in Irving and Prestonwood Court in Plano. Senior Lifestyle Corp. manages both assets.
The two Class A, infill properties offer a combination of independent living, assisted living and memory care. MacArthur Hills was recently constructed, while Prestonwood Court has a long history of strong occupancy.
The Cushman & Wakefield team involved in the transaction included Richard Swartz, Jay Wagner, Jim Dooley and Chris Remeika.