Northwestern Mutual has sold Cortona Park, an assisted living community in Brentwood, Calif., located in the East Bay region of the San Francisco Bay Area, for $39.2 million.
The new owner is a joint venture between Cogir and a national investment partner. Cogir will operate the community and has renamed it Cogir of Brentwood.
Built in 2007, Cortona Park comprises studio, one- and two-bedroom units averaging 761 square feet. The pet-friendly apartments feature large floorplans with granite counters, in-unit washer and dryer, and private balconies. The property amenities include a library, café/bistro, beauty shop, courtyard and garden, outdoor pool, theatre, billiards, fireside living room, and a community room with meeting space. In addition, the property offers concierge services, a 24-hour security system, postal services, a business center, wireless internet access and special dietary services.
Situated on 4.27 acres at 150 Cortona Way, Cortona Park is ad
