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Cushman & Wakefield Arranges Sale of Trophy 474-Unit Two-Property Senior Housing Portfolio in North Atlanta

Jayden Lapin-Tatman • 2/27/2023

Greystone Provided Freddie Mac Acquisition Financing for the Portfolio 

ATLANTA – Cushman & Wakefield announced today that the real estate services firm served as the exclusive advisor to a joint venture between AgeWell Living, The ASC Group and a large investment fund to arrange the sale of the Celebration Village Portfolio, a two-property senior housing portfolio in the North Atlanta Metro consisting of 474 units of independent living, assisted living and memory care. The communities are located in Suwanee and Acworth, Georgia. 

Cushman & Wakefield’s Richard Swartz, Jay Wagner, Tim Hosmer and Christopher Remeika arranged the transaction. The properties were acquired by Chicago Pacific Founders (CPF), a premier private equity real estate investment company. Cushman & Wakefield collaborated with Christopher Clare of joint venture partner Greystone, who provided the Freddie Mac acquisition financing. 

“The Celebration Village Portfolio offers the best of Atlanta, and we are proud to be involved in the transaction. The communities are truly exceptional with best-in-class common areas and very large independent living units more akin to multifamily apartments. CPF will be a great steward and we look forward to seeing their continued success,” said Wagner. 

Originally opened in 2017 and 2018 with the independent living second phases opening in 2019 and 2020, Celebration Village Forsyth and Celebration Village Acworth each represents the premier senior living community in its market, with both properties exhibiting strong performance and continued room for growth. The properties feature complete amenity packages including multiple restaurant-style dining venues, bistros, covered patios, pools, libraries, media rooms and game rooms.  

About Greystone 
Greystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, having ranked as a top FHA, Fannie Mae, and Freddie Mac lender in these sectors. Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and/or other Greystone affiliates. For more information, visit  

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit

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