Curt Schaller Of Focus Healthcare Partners Acquires Mariposa Senior Living Facility For $63.77M
Florida
See Similar DealsCurt Schaller Of Focus Healthcare Partners Acquires Mariposa Senior Living Facility For $63.77M
9130 Hypoluxo Road
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The property involved in this transaction is a senior housing facility located at 9130 Hypoluxo Road in Lake Worth. The facility includes 377 beds, spans across 22.5 acres, and offers 410,663 square feet of living space. It contains assisted living, independent living, and memory care units. The sale price was $63,770,000, with 313 units at a price per unit of $203,738 and a price per square foot of $155.
Summary of transation details:
- Property Type: Senior Housing
- Transaction Amount: $63,770,000
- Buyer: Curt Schaller - Focus Healthcare Partners
- Seller: Brian W. Wood & Debra A. Cafaro - Ventas
- Lender: JLL Capital Real Estate
- Units: 313
- Beds: 377
- Acres: 22.5
- SF: 410,663
- PPU: $203,738
- PPSF: $155
The deal involved significant players in the senior housing market, with Curt Schaller representing Focus Healthcare Partners in the purchase, while Brian W. Wood and Debra A. Cafaro represented Ventas as the sellers. The transaction indicates a continuation of investment in senior living facilities, as the buyer secured a mortgage of $48 million to support the acquisition of the 2017-built property.
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