West Living Acquires Two Senior Living Communities in All-Cash Deals

West Living LLC has acquired McDowell Village, a 197-unit independent living community in Scottsdale, Ariz., and Castle Hill Retirement Village, a 146-unit independent and assisted living community in Thousand Oaks, Calif. for an undisclosed sum.

The all-cash transactions completed in January mark the debut of West Living as a seniors housing owner. The company is currently developing two communities in Carlsbad and La Quinta, Calif., both slated to open in 2013. West Living has partnered with Seattle-based Leisure Care to manage the day-to-day operations and activities at both communities.