SLIB Arranges $8M Sale of Harmony Guest Home in Hillsboro, Oregon

HILLSBORO, Ore. — Senior Living Investment Brokerage (SLIB) has negotiated the sale of Harmony Guest Home, a 42-unit assisted living and memory care community in Hillsboro, a suburb of Portland.

The 22,597-square-foot community was built in 2002 with additions in 2006 and 2012.

A one-property owner-operator looking to retire sold the asset for $8 million. The buyer was a national private equity that will partner with a third-party operator.

The buyer plans to convert beds from assisted living to memory care and will also conduct a community-wide refresh.

Jason Punzel, Brad Goodsell and Vince Viverito of SLIB handled the transaction.