Heavenrich Announces Sale of Two Oklahoma Senior Housing Communities

Chicago, IL, January 11, 2019 – Heavenrich & Company announced the sale of Emerald Square and Willowood at Mustang, two Oklahoma senior housing communities. The two communities have a combined 135 units, including 113 assisted living, 16 memory care and 6 independent living units. Emerald Square is located in Oklahoma City, OK and was built in 1996. Willowood at Mustang is located in Mustang, OK and was built in 1999. Together the communities had a combined occupancy rate of 79% at the time of the sale. Bridge Seniors Housing sold the portfolio to an undisclosed buyer for $12,250,000. Brian Clark, Senior Director at Heavenrich & Company’s Denver office, managed the transaction on behalf of the seller.

Based in Chicago and formed in 1994, Heavenrich & Company is the oldest, dedicated, boutique senior housing investment brokerage firm in the country. The firm exclusively brokers the sale of public and privately-held independent living, assisted living, memory care and skilled nursing organizations. In addition, Heavenrich & Company provides acquisition and construction capital for senior housing operators.

For more information, contact:

Adam Heavenrich, Managing Director
Brian Clark, Senior Director
Heavenrich & Company, Inc.
203 N. LaSalle Street, Suite 2100, Chicago, IL 60601
phone: 312.558.1590  
email: adam@heavenrich.com or brian@heavenrich.com
 website: www.heavenrich.com

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