Bend, OR – Cushman & Wakefield announced today that the real estate services firm has arranged the sale of The Alexander Bend, a trophy 136-unit independent living community located in Bend, Oregon.
Cushman & Wakefield’s Rick Swartz, Jay Wagner, Aaron Rosenzweig, Dan Baker and Bailey Nygard represented the seller, BPM Real Estate Group, in the transaction. The property was acquired by Touchmark, who has renamed the community Touchmark at Pilot Butte and will operate it alongside Touchmark at Mount Bachelor Village on the West side of Bend.
“We are pleased to have been involved in such a remarkable project,” said Rosenzweig. “The Alexander Bend is a one-of-a-kind housing community in the burgeoning Bend marketplace. The expedited transaction moved swiftly in a challenging transaction environment.”
Opened in late 2019 and representing the city of Bend’s newest independent living offering in over 10 years, The Alexander Bend is a heavily amenitized senior housing asset featuring an indoor pool, multiple dining venues and luxurious unit and common area finishes. The property consists of the 136-unit community as well as 3.1 acres of adjacent land.
Cushman & Wakefield Arranges $57.8 Million Sale of Independent Living Community in Bend, Oregon
Jayden Lapin-Tatman • 2/24/2023
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 52,000 employees in over 400 offices and approximately 60 countries. In 2022, the firm had revenue of $10.1 billion across core services of property, facilities and project management, leasing, capital markets, and valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake External Link on Twitter.