A joint venture between Solera Senior Living and Elkco Properties has sold The Preserve at Clearwater, an assisted living and memory care property located in Clearwater, Fla.
The sales price and new owner were not disclosed.
The buyer plans to retain Solera as property manager post-closing.
The Preserve at Clearwater is a 2012-vintage, 82-unit property that sits on a scenic 11.4-acre parcel of land. The building is LEED Silver-Certified and is highly amenitized, including a private dining lounge, bistro lounge, beauty and barber shop, library, business center, auditorium, arts and cooking studio, and fitness and rehabilitation centers. Outdoor amenities include a pond viewing area with a fire pit, walking paths and a heated swimming pool with additional therapeutic whirlpool features.
The memory care and assisted living community features include three chef-prepared meals a day, concierge services, housekeeping, laundry service, scheduled transportation an
