TMG Brokers $28.5M Sale of Wildomar Senior Community
The Mogharebi Group (TMG) has arranged the sale of Wildomar Senior, a 284-unit senior leisure housing community in Wildomar, CA. An undisclosed private investment group purchased the property from the original developer, Craig Thralls.
“Wildomar Senior was a very complicated transaction that involved two separate properties on two separate parcels with two separate ground leases,” said TMG SVP Ben Ketel who teamed with Otto Ozen in representing the seller. “Wildomar Senior is an excellent product that’s well built with a wealth of amenities to keep seniors entertained and engaged. It was a passion project for the seller, who developed the community for his aging parents.”
Located at 32365 S. Pasadena St., Wildomar Senior consists of 176 independent apartments and 108 assisted-living units. Community amenities include a swimming pool and spa, a senior center with cafeteria and a park-like exterior with benches, garden plots, walking trails and shaded picnic areas with grills.