MBK Senior Living has closed the escrow on nine new senior living communities located in California, Washington and Arizona for $382 million.
The acquisition marks the company’s largest single purchase and expands the portfolio to 34 owned and managed communities located throughout the Western United States.
The nine communities are comprised of a mix of independent living, assisted living and memory care programs and include nearly 1,200 units.
The new MBK Senior Living communities include:
McDowell Village — Scottsdale, Ariz., independent living & assisted living
Estancia Del Sol — Corona, Calif., assisted living & memory care
The Montera — La Mesa, Calif., assisted living & memory care
The Reserve at Thousand Oaks — Thousand Oaks, Calif., assisted living
Dale Commons — Modesto, Calif., assisted living
The Commons at Elk Grove — Elk Grove, Calif., assisted
