The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
June 15, 2024
 Search RENTV
   Go!
 The REview
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?





MULTIFAMILY NEWS
Printer-friendly Version   Email an Associate
OR Independent Living Facility Trades for $294k/Unit

4/21/23

Inspired Healthcare Capital paid $35 mil for Crescent Park, a 119-unit ($294k/unit) independent living community in Eugene, OR. The property, located at 2951 Coburg Rd, was sold by an investment management firm with a focus on alternative assets including seniors housing.

Built in 2014, Crescent Park is a modern three story, 116k sf community on 5.74 acres. The property offers a great mix of studio, one-bedroom, and two-bedroom units and high-quality amenities and scenic views. The community is conveniently located along Coburg Rd near the confluence of Interstate 5 and SR-569 freeways.

Cushman & Wakefield’s Rick Swartz, Jay Wagner, Aaron Rosenzweig, and Dan Baker represented the seller in the transaction.

“Crescent Park showed exceptional stabilized performance throughout the pandemic and closed at the original contract price despite challenging capital markets,” said Rosenzweig.







Return to the Archive page
 


 
 
 
 



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media