SEDRO-WOOLLEY, Wash. — MedCore Partners has sold Birchview Memory Care, a 60-unit senior living community in Sedro-Woolley, approximately 72 miles north of Seattle.
The community was part of a seven-property portfolio MedCore purchased in July 2020 with locations in Washington State and Southern California. The buyer and price were not disclosed.
“We are pleased with our investment in Birchview and the success in operations during the 14 months MedCore owned it,” says Brian Bollich, partner with MedCore. “There were several milestones accomplished in the past year, including occupancy stability during COVID and meaningful capital improvements.”
Senior Services of America of Tacoma will continue to manage the property. SSA also manages seven other MedCore assets in Washington State, Oregon and California.
MedCore currently operates 15 senior living communities in Texas, Arizona, Utah, California, Washington and Oregon. In addition, MedCore has two senior living projects under construction, both of which are slated to open in 2022.