Heavenrich & Co. Arranges $5.3M Sale of Villa Toscana at Cypress Woods in Houston

HOUSTON — Heavenrich & Co. has negotiated the sale of Villa Toscana at Cypress Woods, a 120-bed skilled nursing facility located in Northwest Houston.

Villa Toscana was built in 2009 on an 80-acre medical campus, anchored by the Kelsey Seybold Clinic.

Heavenrich & Co. represented the sellers, national owner-operator StoneGate Senior Living and a publicly traded REIT. The buyer was O&M Investments, a private equity firm focused on skilled nursing.

The price was $5.3 million, or just over $44,000 per bed. Occupancy was 76 percent at the time of sale.