A joint venture between Bow River Capital and Investcor announced that it sold the Sage Spring Senior Living, a senior living community located in San Marcos, Texas.
JLL represented the seller and procured the buyer, Inspired Healthcare Capital.
Sage Spring Senior Living is midway between San Antonio and Austin. The 90-unit assisted living and memory care community opened in December 2020 and was stabilized at time of sale. San Marcos is one of the fastest-growing cities in the nation, with top-10 population growth during the past decade.