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MedCore Divests Central WA Senior Living Facility
MedCore Partners closed the sale of Cooks Hill Manor, a 72-unit assisted living community in Centralia, WA. Terms of the sale weren’t disclosed.
“This was a strategic disposition for MedCore and its investors as we continue to build and capitalize our value-add senior housing acquisition portfolio in multiple markets across the United States,” said Anthony Fulco, director of acquisitions. “This was a profitable disposition for us as the seller and will be a great project for the buyer going forward.”
Tony Cassie, managing director at Walker & Dunlop, facilitated the sale. MedCore currently owns 15 senior living communities in Arizona, California, Oregon, Texas, Utah, and Washington, and has two more under construction.
- ◦Sale/Acquisition
