WILLIAMSBURG, Va. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arrangd the sale of White Oaks at Williamsburg, a 48‐unit memory care facility in Williamsburg.
Built in 2015 and opened in early 2017, White Oaks at Williamsburg is a campus with three buildings, 16 units each.
The seller is a private investor with seniors housing communities located in the Midwest. This community was determined to be outside of its normal operating region and thus was sold.
The buyer is English Meadows Senior Living, a Mid‐ Atlantic owner and operator of 11 communities in Virginia, Washington, DC, and South Carolina. The price was not disclosed.
The IPA team of Michael Turkiewicz and Andy Hilding represented the seller and English Meadows in the transaction.