Community Three & Galerie Living Acquires Senior Housing In Chevy Chase, MD For $40M

A 12.2-acre senior housing property located at 7100 Connecticut Ave in Chevy Chase, MD has been sold for a price of $40,000,000. The property was acquired by Community Three and Galerie Living, represented by Tim Gary. The seller of the property was The National 4-H Council, represented by Jennifer L. Sirangelo. The transaction was facilitated by CBRE.

Summary of transaction details

• Property Type: Senior Housing
• Sale Price: $40,000,000
• Address: 7100 Connecticut Ave, Chevy Chase, MD
• Market: Chevy Chase, MD
• Buyer: Community Three & Galerie Living - Tim Gary
• Seller: The National 4-H Council - Jennifer L. Sirangelo
• Broker: CBRE

This transaction marks the successful acquisition of a 12.2-acre senior housing property by Community Three and Galerie Living, further expanding their portfolio in the industry. Tim Gary, representing the buyers, played a crucial role in negotiating and finalizing the deal. Jennifer L. Sirangelo, on behalf of The National 4-H Council, facilitated the sale. CBRE provided their services as the broker for this transaction, ensuring a smooth process for all parties involved.