Senior Housing News June 18, 2024
Transactions
IRA Capital acquires Seattle community
IRA Capital, a California-based private equity firm, announced its acquisition of Quail Park of Lynnwood on June 12.
According to a press release, the community is 253 units and was developed in two phases in 2013 and 2020.
The release states the all-cash acquisition expands the firm’s healthcare portfolio and “underscores its unwavering commitment to addressing the growing needs of the elderly community.”
SLIB sells Idaho assisted living, memory care community
Senior Living Investment Brokerage announced it facilitated the sale of Copper Springs Senior Living, an assisted living and memory care community in Meridian, Idaho on June 12.
According to a press release, the 95-unit community was built in 1963 and remodeled in 2013.
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