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LTC REIT Acquires Private-Pay Seniors Housing in Morgan Hill
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LTC REIT Acquires Private-Pay Seniors Housing in Morgan Hill
JLL Capital Markets completed the sale of Loma Clara, an 89-licensed-bed, Class A seniors housing community in Morgan Hill, for an undisclosed amount. Senior managing director Aaron Rosenzweig and Senior director Dan Baker marketed the property on behalf of the seller, Steadfast Senior Living, and procured the buyer, LTC REIT. The buyer will retain Discovery Management as the operator of the property. Completed in 2018, Loma Clara is a two-story…
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