Michigan-based Stagecoach Capital has acquired Wyndham Lakes, a 246-unit independent living, assisted living, and memory care community located at 10660 Old Saint Augustine Road in Jacksonville, Florida’s Southside/Mandarin submarket. Public records reflect a recorded sale price of approximately $30.94 million, or roughly $126,000 per unit, for the stabilized campus. Berkadia represented the seller, a California-based owner identified in public records as Pacifica Augustine Road LLC, an entity tied to Pacifica Companies of San Diego.
Read the full article: Stagecoach Capital Acquires 246-Unit Wyndham Lakes Senior Housing Community in Jacksonville for $30.94M //
Source: https://capdex.com/news/stagecoach-capital-acquires-246-unit-wyndham-lakes-senior