Heritage Hills, an assisted living facility in Oceanside, California, owned by Chartwell Capital Partners, reflects the company's proficiency in the senior living sector. Acquired in 2005, the property comprises 78 beds and was financed through Extensia Bridge with a value of $13,000,000. Chartwell played integral roles as Owner, General Partner, Manager, Developer, Principal of borrower, and Guarantor. The property's 16-year ownership period, along with a consistent 96% occupancy rate, showcases Chartwell's commitment to providing quality assisted living. From acquisition and entitlement to overseeing construction and third-party management, Heritage Hills underscores Chartwell Capital Partners' comprehensive approach in the senior living real estate market.
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