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CushWake Arranges Sale of Laguna Niguel Senior Housing Community

CushWake Arranges Sale of Laguna Niguel Senior Housing Community

Cushman & Wakefield has arranged the sale of Crestavilla, a 201-Unit senior housing asset in Laguna Niguel, CA. Cushman and Wakefield represented the seller in the transaction, a joint venture between Fremont Realty Capital and Steadfast Development. Terms of the deal were not disclosed.

Opened just four years ago, the Crestavilla senior housing property hosts independent living, assisted living and memory care. The LEED Gold certified asset features amenities that include three dining rooms, two fitness areas and a 12,000-square-foot rooftop amenity space.

“We are pleased to deliver a strong execution for the seller on one of the most exceptional and upscale senior housing assets in the country,” said Aaron Rosenzweig, part of the Cushman & Wakefield team that handled the transaction. The firm also procured acquisition financing for the buyer, which was provided by a national bank.

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Cushman & WakefieldFremont Realty CapitalSteadfast Development

About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.

  • ◦Sale/Acquisition
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