An Escondido assisted living center has been sold for an undisclosed price.
Felicita Vida was bought by Healthcare Trust, Inc. based in New York from Torrey Pines Development Group of San Diego
Brokering the deal from Cushman & Wakefield Senior Capital Markets on behalf of Torrey Pines Development Group were Vice Chairman Rick Swartz, Executive Managing Director Jay Wagner, Managing Director Aaron Rosenzweig, directors Dan Baker and Tim Hosmer and Associate Bailey Nygard.
Built in 2015 on a 4.3-acre site, Felicita Vida has 53 assisted living units and 38 memory care units with 64 beds.
“Felicita Vida represents a premier offering in its market and is well-positioned to be a top performer for years to come,” Rosenzweig said.