Debra A. Cafaro Of Ventas Acquires Senior Housing In Oxnard From Christopher Merrill For $56.54M

The property involved in the transaction is a senior housing asset located at 750 Clyde River Place, Oxnard, CA. This facility spans 3.8 acres, features 136 units, and encompasses a total square footage of 153,297. The transaction was valued at $56,540,000, resulting in a price per unit of $415,735 and a price per square foot of $369.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $56,540,000
• Address: 750 Clyde River Place
• Market: Oxnard, CA
• Acres: 3.8
• Units: 136
• Square Footage: 153,297
• Price per Unit: $415,735
• Price per Square Foot: $369
• Buyer: Debra A. Cafaro - Ventas
• Seller: Christopher Merrill - Harrison Street
• Brokers: Aaron Rosenzweig & Dan Baker - JLL

Ventas, represented by Debra A. Cafaro, acquired the senior living community from Christopher Merrill of Harrison Street. The brokerage team from JLL Capital Markets, led by Aaron Rosenzweig and Dan Baker, facilitated the transaction on behalf of the seller, contributing to the continued institutional interest in newer senior housing assets.