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Cushman & Wakefield Arranges $57.8 Million Sale of Independent Living Community in Bend, Oregon

Jayden Lapin-Tatman • 2/24/2023
Bend, OR – Cushman & Wakefield announced today that the real estate services firm has arranged the sale of The Alexander Bend, a trophy 136-unit independent living community located in Bend, Oregon.   

Cushman & Wakefield’s Rick Swartz, Jay Wagner, Aaron Rosenzweig, Dan Baker and Bailey Nygard represented the seller, BPM Real Estate Group, in the transaction. The property was acquired by Touchmark, who has renamed the community Touchmark at Pilot Butte and will operate it alongside Touchmark at Mount Bachelor Village on the West side of Bend.  

“We are pleased to have been involved in such a remarkable project,” said Rosenzweig.  “The Alexander Bend is a one-of-a-kind housing community in the burgeoning Bend marketplace.  The expedited transaction moved swiftly in a challenging transaction environment.”   

Opened in late 2019 and representing the city of Bend’s newest independent living offering in over 10 years, The Alexander Bend is a heavily amenitized senior housing asset featuring an indoor pool, multiple dining venues and luxurious unit and common area finishes.  The property consists of the 136-unit community as well as 3.1 acres of adjacent land.    
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.

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