Continuum Brokers CCRC Sale in New Hampshire’s Lakes Region

Continuum Advisors, a national senior housing investment sales and advisory firm, facilitated the sale of Meredith Bay Colony Club, an 85-unit continuing care retirement community (CCRC) in Meredith, NH. The property was sold through a court-directed process for $11 million and the assumption of $10.5 million in resident entrance fee liabilities.

Financially strained for several years, the community was sold with OnePoint Partners serving as the rehabilitation trustee and Continuum Advisors’ David Kliewer and Jay Jordan retained to market the CCRC for sale. The buyer, Taylor Community, is a nonprofit owner and operator also based in New Hampshire’s Lakes Region.

Built in 2008, the 11-acre campus offers a full continuum of care for residents with 41 independent living apartments, 20 assisted living units, 24 memory care units and an additional 18+ acres of undeveloped land for future expansion. The campus features numerous amenities, including an underground parking garage, indoor pool and fitness center.