SLIB Negotiates Sale of 85-Unit Roseleaf Portfolio in California

CHICO and OROVILLE, Calif. — Senior Living Investment Brokerage (SLIB) has arranged the sale of three Roseleaf-branded seniors housing communities totaling 85 units and 131 beds.

Roseleaf Gardens and Roseleaf Senior Care are located in Chico, in the Northern Sacramento Valley. Roseleaf Oroville is located in Oroville, in Butte County. The facilities are approximately 20,000, 5,000 and 24,900 square feet, respectively.

The seller is a local owner-operator with these being their only senior care communities. The buyer is a regional group making its first entrance to the senior care space. The price was not disclosed.

An operator with an existing presence in California will take over management.

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