Laura Bailey

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    HFF’s Denver team represented the seller in the sale of the 256-unit asset. The garden-style property is situated in the heart of a retail corridor.

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    ROC Senior Living acquired Mission Palms from Stoneweg US. The property’s value rose by 46 percent since the last time it traded in 2013.

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    Securing the move-in is only the first step toward building a relationship with a new resident. As time goes by, one of the true indicators of property success is the number of residents that renew their leases.

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    The $20.3 million development will feature 94 units. UnitedHealthcare is the largest private investor, providing $5.4 million in equity funding.

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