Marcus & Millichap

Colorado-Based Senior Retirement Community Trades for $32M

October 11, 2018

WESTMINSTER, CO—The San Marino Retirement Community, a 185,871-square-foot independent living, assisted living, and memory care community here, has traded for $32.39 million.

The sale of the property between a private investor and owner operator and the new owner, a Chicago-based private equity firm, was reported by brokerage firm Marcus & Millichap.

Tony Cassie, first vice president investments in Marcus & Millichap’s Portland office, facilitated the transaction.

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