$25,000,000
824 N San Antonio Road
Palo Alto, CA 94303
Santa Clara
County
BusinessOpportunity
Property Type
About this home
Rare opportunity involving VeRa, a proposed boutique luxury Continuing Care Retirement Community (CCRC) in Palo Alto, California. Fully entitled 27-residence community designed to serve affluent seniors seeking a personalized, hospitality-driven environment with continuity of care. Planned community includes Independent Living and Assisted Living residences, ground-floor commercial space, and a purpose-built luxury senior living facility in one of the most affluent and supply-constrained senior housing markets in the United States. Ownership is seeking an experienced senior living operator, healthcare-related group, hospitality-oriented organization, or other qualified strategic participant for up to approximately 45% participation in the operating business platform. Entitlements approved and permitting in process. Significant barriers to entry, strong demographic fundamentals, and luxury positioning create a unique opportunity within the senior housing sector. Confidentiality agreement required for access to detailed information.
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Mortgage Estimate
$133,060/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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