September 6, 2019 Comments Off on Healthcare Trust Snags San Diego Senior Housing Asset Views: 649 California News, San Diego

Healthcare Trust Snags San Diego Senior Housing Asset

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New York-based Healthcare Trust Inc. acquired Felicita Vida, a 91-unit, 117-bed assisted living and memory care community in Escondido, CA. The asset was sold by San Diego-based Torrey Pines Development Group.

The North County San Diego Class A community was built in 2015 and represents one of the highest quality and newest construction projects in the area. The two-story property sits on a well-manicured 4.3-acre site, and incorporates Spanish and Southwestern architectural elements. The unit mix is comprised of 53 assisted living units and 38 memory care units totaling 64 beds.

Cushman & Wakefield’s Rick Swartz, Jay Wagner, Aaron Rosenzweig, Dan Baker, Tim Hosmer and Bailey Nygard advised the seller.

Rosenzweig says, “Felicita Vida represents a premier offering in its market, and is well-positioned to be a top performer for years to come.”

Connect With Healthcare Trust Inc.

Connect With Torrey Pines Development Group

Connect With Cushman & Wakefield’s Rosenzweig

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