The facility is located in Fallbrook, CA, and was completed in 2021. It offers 103 units — 79 for assisted living and 29 for memory care — with a total of 114 beds. The property covers 2.81 acres and is versatile: it can either continue as a senior living facility or be converted into residential apartments. An additional 4.96-acre parcel is also part of the sale opportunity.
Force 10 Partners is advising on the sale and is seeking offers due by November 9, 2023.
For reference, the case was filed in Nevada’s U.S. Bankruptcy Court. The case number is 23-12081-abl.