CENTRALIA, Wash. — MedCore Partners has sold Cooks Hill Manor, a 72-unit assisted living community in Centralia, Washington.
“This was a strategic disposition for MedCore and its investors as we continue to build and capitalize our value-add seniors housing acquisition portfolio in multiple markets across the United States,” says Anthony Fulco, director of acquisitions. “This was a profitable disposition for us as the seller and will be a great project for the buyer going forward.” said Anthony Fulco, Director of Acquisitions.
Tony Cassie at Walker Dunlop arranged the transaction. The buyer and price were not disclosed.
MedCore currently owns 15 senior living communities in Arizona, California, Oregon, Texas, Utah and Washington. In addition, MedCore has two senior living projects under construction, both of which are scheduled to open in 2022.
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