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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.