Wednesday, November 3, 2010

CLW Represents Senior Housing Owner in $9.5 Million Transaction in Bradenton, FL


TAMPA, FL--CLW Health Care Services Group is pleased to have represented Summerfield Retirement Residence, LTD in the sale of Summerfield (top left photo)  located in Bradenton, Florida.

This 120-unit Assisted Living/Memory Care community was sold for $9,500,000 or $79,167 per unit.

TJM Properties, Inc., based in Clearwater, Florida was the purchaser. Summerfi eld Retirement Residence is the fourth Senior Housing community TJM has purchased in 2010.

CLW Health Care Services Group is a division of CLW Real Estate Services Group, a national, commercial real estate fi rm providing investment sales, multi-market tenant representation, project management, and construction services throughout the United States.

CLW Health Care Services Group specializes in exclusively representing sellers throughout the United States in the sale of Senior Housing properties. CLW has sold $1.3 billion in Senior Housing assets.

Summerfield Retirement Residence Fact Sheet
• Built in 1988
• Single story building - 74,786± SF
• 7.7± acres
• Occupancy - 78% at closing

Contact: Allen McMurtry (bottom right photo), president, CLW Health Care Services Group, 813.349.8349,  amcmurtry@clwrg.com

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