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6888 Golfcrest Drive

Lincoln Avenue Capital Acquires Senior Housing Asset For $47 Million In San Diego From ARKA Properties And Black Equities
SOLDSenior Housing

Lincoln Avenue Capital Acquires Senior Housing Asset For $47 Million In San Diego From ARKA Properties And Black Equities

6888 Golfcrest Drive

$47,000,000

$473/SF

Building Size

99,317 SF

Asset Type

Senior Housing

Closing

Feb 11, 2026

AI

The asset involved in this transaction is a senior housing property located at 6888 Golfcrest Drive in the San Diego market. The sale price for the property was $47,000,000, with a total square footage of 99,317, resulting in a price per square foot of $473.

Summary of transaction details:

  • Property Type: Senior Housing
  • Transaction Amount: $47,000,000
  • Address: 6888 Golfcrest Drive
  • Market: San Diego
  • Square Footage: 99,317
  • Price Per Square Foot: $473
  • Buyer: Lincoln Avenue Capital
  • Seller: ARKA Properties & Black Equities
  • Seller's Representative: Alex Mogharebi, Otto Ozen, Jordan Pakzad & Shawn Bolour - The Mogharebi Group

The deal was facilitated by The Mogharebi Group, which represented the sellers ARKA Properties and Black Equities. The transaction involved key individuals including Alex Mogharebi, Otto Ozen, Jordan Pakzad, and Shawn Bolour, who played crucial roles in the completion of this deal.

Players

Alex Mogharebi

The Mogharebi Group

Broker

$280.4M

vol

8 deals

Broker
LC
Lincoln Avenue CapitalBuyer

San Diego Senior Housing Market Snapshot

Boundary boundary · Senior Housing · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.34%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93