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Orange County Independent Living Asset Sold for $71M
HW Senior Living Apartments, a 310-unit independent living community in Westminster, CA, has traded hands for $71 million. Berkadia’s Joe Leon and Michael Thagard completed the sale on behalf of California-based Zinn Group. The buyer was an unnamed experienced senior housing owner/operator.
“In the last 30 years, only six non-assisted senior living communities have been built within the greater Westminster/Huntington Beach submarket, and consequently, occupancies are above 98%,” said Leon.
The community is located at 13920 Hoover St., west of Beach Boulevard near the 22 Freeway. The property features distinctive manicured common areas, with colorful flower beds lining the walking paths and two calming streams.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition


