JLL Capital Markets closes sale of 90-unit seniors housing community in San Marcos

JLL Capital Markets arranged the sale of Sage Spring Senior Living, a senior living community in San Marcos, Texas.

JLL represented the seller, a joint venture between Bow River Capital and Investcor, and procured the buyer, Inspired Healthcare Capital.

Sage Spring Senior Living is located in San Marcos, 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.

The JLL Capital Markets Investment Sales and Advisory team was led by Senior Managing Directors Jay Wagner, Rick Swartz and Aaron Rosenzweig and Director Dan Baker.