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7/29/26
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Clearwater at Riverpark, a 136-unit Class A independent living community in Oxnard, was acquired by an unnamed S&P 500 company focused on senior housing.
Built in 2018 within the master-planned Riverpark development, Clearwater at Riverpark is located at 750 Clyde River Place. The property is adjacent to The Collection at Riverpark retail and entertainment destination and just minutes from Oxnard State Beach, offering residents a resort-style lifestyle with direct access to Highway 101.
The 153.3k sf community on 3.8 acres features spacious residences averaging 809 sf with full kitchens, in-unit washers and dryers and private patios. Amenities include multiple dining venues, a swimming pool, fitness center, theater, salon and spa, putting green and dog park.
Senior Managing Director Aaron Rosenzweig and Senior Director Dan Baker with JLL Capital Markets represented the seller, Harrison Street Asset Management, in the deal.
"Clearwater at Riverpark exemplifies the institutional-quality independent living assets that continue to attract premier capital in today's market," said Rosenzweig. "This community's combination of modern construction, stabilized operations and an irreplaceable location in coastal California created significant buyer interest from a deep pool of institutional capital."
The property was recognized by U.S. News & World Report as Best Independent Living and High Performing for 'Feels Like Home,' underscoring its reputation for quality and resident satisfaction. Operated by Clearwater Living, the community offers a resident-first philosophy focused on exceptional service, thoughtfully designed spaces and engaging lifestyle programs.
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