
CBRE Handles $23M South County Acquisition for Fairmont Private Schools
Fairmont Private Schools acquired a private school campus in San Juan Capistrano from Saddleback Valley Christian for $22.75 million. Located at 26333 Oso Rd., the two-building campus includes over 60 classrooms for pre- kindergarten through 12th grade education. The campus was originally built in 2006 and was expanded in 2010. The transaction included all the seller’s furniture, fixtures and equipment.
CBRE’s Rick Sherburne represented the buyer in the transaction. Shaun Moothart and Bob Ybarra of CBRE organized financing on behalf of the buyer.
“For many years, Fairmont Private Schools has wanted to establish a South County Campus based on the strong demographics in the area,” said Sherburne.
Moothart added, “CBRE was also able to negotiate extremely favorable debt terms, which far exceeded Fairmont’s expectations.”
Fairmont Private Schools currently has four campuses in Central and North Orange County, with a total of more than 1,800 students. Fairmont intends to immediately engage in enrollment for the 2020/2021 school year.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition