Berkadia has facilitated the sale of Atria Park of San Mateo, a senior living community, to a partnership led by Shelter Real Estate Investment Strategies and Calson Management, who plan to rebrand it as Harbor at Hillsdale.

Information on the Target

Atria Park of San Mateo is a 135-unit assisted living and memory care community situated in San Mateo, California, along the picturesque western shores of San Francisco Bay. This facility is designed to cater to the needs of seniors requiring assistance with daily living activities and those seeking specialized memory care services.

As an integral part of the community, Atria Park not only provides living spaces but also services designed to enhance the quality of life for its residents. The commitment to support and care makes it a valued establishment for families seeking comprehensive care for their loved ones.

Industry Overview in California

California's senior living industry has seen notable growth due to the increasing aging population, which is predicted to continue expanding in the coming years.