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Phoenix & Southwest  + Southwest  + Senior Housing  | 
Coronado Ridge trades for $33M

Henderson Skilled Nursing Facility Trades for $33M

CREC Real Estate and The Calida Group have sold Coronado Ridge Skilled Nursing and Rehabilitation Center, a 121-bed skilled nursing facility in Henderson, Nev. The asset, formerly known as Horizon Ridge, traded for $33 million. JLL’s Mark Wintner led a team that worked with the firm’s Seniors Housing Capital Markets team to arrange this transaction. JLL says the sale represents one of the highest prices per bed for a skilled nursing facility in Nevada history. The buyer was not disclosed.

Located at 2855 W. Horizon Ridge Parkway on a 2.3-acre site, the property is across from a memory care facility and close to Dignity Health Rehabilitation Hospital.

Completed in 2017, Coronado Ridge is a two-story facility with 90 resident rooms and 121 licensed beds. The 68,873-square-foot property offers 80-vehicle parking, a spa room, dining areas, interior courtyards, and outdoor recreational spaces.

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About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Sale/Acquisition