Mesa, AZ – October 24, 2022 – Cushman & Wakefield announced today that the real estate services firm has arranged the sale of Bella Vista, a 188-unit independent living and assisted living community located in Mesa, Arizona.
Cushman & Wakefield’s Rick Swartz, Jay Wagner, Aaron Rosenzweig, Sam Dylag and Jack Griffin represented the sellers, a joint venture between Wexford Real Estate Investors and Beztak Companies, in the transaction. Bourne Financial Group, a private equity buyer based in Winter Park, Florida, acquired the asset and will self-manage this community with its in-house operator, Park Avenue Lifestyle.
The property was originally constructed in 1978 and underwent significant renovations from 2013-2017.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and approximately 60 countries. In 2021, the firm had revenue of $9.4 billion across core services of property, facilities and project management, leasing, capital markets, and valuation and other services. To learn more, visit www.cushmanwakefield.comom or follow @CushWake on Twitter.
Cushman & Wakefield
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