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February 1, 2020

Sale of Cedar Creek Senior Living in California

Evans Senior Investments (ESI) successfully represented the sale of Cedar Creek Senior Living, a 112-unit independent living, assisted living, and memory care community.

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Originally built in 2005, Cedar Creek Senior Living is located 24 miles north of Fresno, California. During the twelve months prior to sale, the community averaged 87.6% occupancy and was 100% private pay.


ESI represented the seller, an independent owner, in the transaction. Jeremy Stroiman, CEO of ESI, commented “Cedar Creek Senior Living presented a strategic opportunity for a regional operator to apply additional synergies to improve the expense structure as this community is folded into their portfolio”.


The buyer was a California-based REIT.

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