News Release: Cushman & Wakefield Sells $89 Million Senior Housing Portfolio in Virginia and Maryland

GREAT FALLS, Va. and QUEENSTOWN, Md. – Oct. 8, 2026 – Cushman & Wakefield announced that the real estate services firm has arranged the $89 million sale of a two-asset senior housing portfolio totaling 130 units. The institutional-quality portfolio consists of two assisted living and memory care communities: The Residence at Colvin Run, located at 1131 Walker Road in Great Falls, Virginia; and Queenstown Landing, located at 120 Shoreway Drive in Queenstown, Maryland. The facilities were built in 2022 and 2021, respectively, and the portfolio was 94% occupied at closing.

The Residence at Colvin Run

Buvermo Investments, SHA Capital, Verity Commercial and INDIE sold the portfolio to LTC Properties, Inc. for $89 million, with IntegraCare retained as operator.

The Cushman & Wakefield Senior Housing Capital Markets group, led by Vice Chair Joshua Jandris, Vice Chair Brett Gardner, Director Robert Bracci and Senior Financial Analyst Evan Jakobsze, advised the sellers on the transaction.

“This transaction reflects the continued demand for modern, high-quality seniors housing assets in tight markets with strong demographic fundamentals,” said Jandris. “The portfolio’s occupancy rate and recent construction make it a compelling investment opportunity, establishing LTC Properties’ presence in two extremely attractive submarkets.”

A photo of The Residence at Colvin Run can be downloaded here.

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for occupiers and investors with approximately 53,000 employees in over 350 offices and nearly 60 countries. In 2025, the firm reported revenue of $10.3 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.

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