Chinese-Culture Senior Community Aegis Gardens Sells for About $72 Million: 110 Units at Roughly $655,000 Each
In Newcastle, King County, Washington, an affiliate of Harrison Street Asset Management has bought the Aegis Gardens senior living community for about $72 million. The 110-unit community changed hands at roughly $655,000 per unit and about $560 per square foot, the firm's second Pacific Northwest senior housing purchase this year.
Aegis Gardens is an assisted living and memory care community built around Chinese culture, serving older adults who need help with daily life and cognitive care, with dining, activities and atmosphere shaped around Chinese residents' habits.
(Source: The Registry)
Source: The Registry
Published by GSM · USA (original Chinese edition)
Photo: 图：纽卡斯尔市 Lake Boren。Gene Bisbee 摄，CC BY 2.0，经 Wikimedia Commons。 / Photo: Lake Boren in Newcastle, Washington. By Gene Bisbee, CC BY 2.0, via Wikimedia Commons.
