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MVJ Ventures LLC Acquires 108-Unit Senior Housing Community In Philadelphia Represented By Evans Senior Investments

Property Image
SOLD
Joshua Jandris
Brett Gardner
+ 2

Pennsylvania

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Senior Housing62,600 SF
Sold 02/17/2026
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Property Image
SOLD

MVJ Ventures LLC Acquires 108-Unit Senior Housing Community In Philadelphia Represented By Evans Senior Investments

495 East Abington Avenue

See Similar Deals
Senior Housing62,600 SF
Sold 02/17/2026
Joshua Jandris
Brett Gardner
+ 2
Contact now

Summary

PENNSYLVANIA
Asset Type:Senior Housing
Price Per Square Foot:$0
Total Square Footage:62,600 SF
Transaction Type:Sale

The property involved in this transaction is The Terrace at Chestnut Hill, a 108-unit assisted living and memory care community situated at 495 East Abington Avenue in Philadelphia. The facility encompasses a total of 62,600 square feet and is currently 85% occupied.

Summary of transaction details:

Cushman & Wakefield represented the seller, while Evans Senior Investments acted on behalf of the buyer. Following the transaction, the property will be operated by Viva Senior Living, thereby enhancing its management and operational framework.

Players

Jason Skalko
3 deals$77.5M volume(813) 867-2389
BROKER




Brendan DeSilva
Evans Senior Investments (ESI)
1 deal
BROKER

Details

SOLD
IMAGE: 02/17/2026 ADDRESS: 495 East Abington Avenue MARKET: Philadelphia ASSET TYPE: Senior Housing ~ UNITS: 108 ~ SF: 62,600 BUYER: MVJ Ventures LLC BUYER'S REP: Jason Stroiman & Brendan DeSilva - Evans Senior Investments SELLER'S REP: Brett Gardner, Jason Skalko & Joshua Jandris - Cushman & Wakefield NOTE: Cushman & Wakefield brokered the sale of The Terrace at Chestnut Hill, a 108-unit, 62,600-square-foot assisted living and memory care community at 495 E. Abington Ave. in Philadelphia, representing the seller. Buyer MVJ Ventures LLC was represented by Evans Senior Investments, with the 85%-occupied property to be operated by Viva Senior Living.

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