BEAVERTON, Ore. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Murray Highland Memory Care in Beaverton, a suburb of Portland.
The community features 18 memory care units totaling 24 beds. The 12,048-square-foot community was built in 2018 on a 0.7-acre plot. The average rent is $7,350 per month.
The seller is a local owner exiting the seniors housing industry. The buyer is a regional operator with an existing portfolio in California, and is looking to expand to Oregon.
Jason Punzel, Brad Goodsell and Vince Viverito of SLIB handled the transaction. The price was not disclosed.