Marcus & Millichap brokers $10.65 million sale of 34-unit Bay Area assisted living property

Marcus & Millichap brokered the sale of a 34-unit assisted living property in the Bay Area, California for USD 10.65 million.

• Deal pricing implied USD 313,235 per unit; the community has more than 50 beds.
• The transaction drew multiple competitive offers, reflecting stronger investor demand for stabilized senior housing in affluent, supply-constrained submarkets.
• Nick Stahler held the exclusive listing for the seller, a regional owner-operator, then sourced the buyer, also a regional owner-operator.