FORT COLLINS, Colo. — Senior Living Investment Brokerage has arranged the sale of an eight-property seniors housing portfolio located in Colorado. SLIB brokered the sale on behalf of the Fort Collins-based seller, who also served as the portfolio’s operator.
Totaling 540 units, the communities are located in Fort Collins, Loveland and Windsor. Vince Viverito, Jason Punzel and Jeff Binder of SLIB represented the seller.
A Tennessee-based REIT acquired the properties for an undisclosed price. An Oregon-based operator will manage the portfolio on behalf of the new ownership.
SLIB previously brokered the sale of a five-community senior living portfolio on behalf of the seller. With this transaction, the seller has fully divested their 13-asset seniors housing portfolio.