Last Updated: August 29, 2011 ET

Kisco Sells Two Assisted Living Facilities for $64M

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Buena Vida Apartments

ORANGE COUNTY, CA-Two senior apartment complexes were recently sold for $64.5 million to Clarion Partners. The two assisted living facilities are located in Rancho Santa Margarita and Rancho Cucamonga.

Kisco Senior Living sold the complexes for nearly $110 per square foot. The properties include Buena Vida Apartments, a 115-unit complex at 30824 La Miranda in Rancho Santa Margarita, and the Village on the Green, a 224-unit complex in Rancho Cucamonga. Brokers from Marcus & Millichap handled the deal. For the full story, go to Orange County Business Journal .

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Categories: West, Senior Housing, Acquisitions/Dispositions, Sales, Scope, Orange County

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