TUCSON, AZ (December 11, 2025) — The 144-bed Santa Rosa Care Center, located at 1650 N. Santa Rosa Avenue in Tucson’s Northeast submarket, sold on December 1, 2025, for $30,000,000, according to Pima County Recorder documents.

The long-established behavioral and medical care facility, built in 1966, totals 39,685 square feet on 2.93 acres, with a price of $755.95 per square foot and $208,333 per bed.

The seller, SR Building LLC, represented by Harvey and Deborah Nevins, transferred the property to Santa Rosa Propco LLC, an entity affiliated with The Ensign Group, Inc. (NasdaqGS: ENSG). Ensign simultaneously acquired the facility’s operations as part of a multi-state portfolio expansion that also included Willow Point Rehabilitation and Nursing Center, The Rehabilitation Center at Sandalwood, and Edgewater Health and Rehabilitation.

Santa Rosa Care Center provides licensed behavioral and rehabilitative services, with off-street parking, an activity center, and a long history of serving Tucson’s medical care community.

“We are excited to add another operation to one of our more mature and thriving markets,” said Barry Port, Ensign’s Chief Executive Officer. “This facility clusters well with other operations in Tucson and we are looking forward to seeing what the future holds,” he continued.

Christie Jones, market leader for Bandera Healthcare LLC, Ensign’s Arizona-based subsidiary, added, “We are excited to work together with the outstanding care team at the facility and combine their expertise with Ensign’s quality of service to provide our residents and their families the care they want and need.”

In a separate transaction on the same day, Ensign announced that it acquired the real estate and operations of “Willow Point Rehabilitation and Nursing Center”, a 45-bed skilled nursing facility located in Kansas City, Kansas. The real estate was purchased by a subsidiary of Standard Bearer Healthcare REIT, Inc., Ensign’s captive real estate company, and the property was leased to an Ensign-affiliated operator under a long-term lease effective as of December 1, 2025.

In another transaction on the same day, Ensign announced that it acquired the operations of two facilities in Colorado (i) “The Rehabilitation Center at Sandalwood”, a 103-bed skilled nursing facility located in Wheat Ridge, Colorado, and (ii) “Edgewater Health and Rehabilitation”, a 69-bed skilled nursing facility located in Lakewood, Colorado. An Ensign-affiliated operator operates both facilities and is subject to a long-term triple-net lease. These acquisitions were effective as of December 1, 2025.

These acquisitions bring Ensign’s growing portfolio to 373 healthcare operations, which include 47 senior living operations across 17 states. Ensign subsidiaries, including Standard Bearer, own 156 real estate assets. Mr. Port reaffirmed that Ensign is actively seeking opportunities to acquire real estate and to lease both well-performing and struggling skilled nursing, senior living, and other healthcare-related businesses throughout the United States.

This transaction continues the trend of major healthcare operators expanding their presence in Southern Arizona through the acquisition of both real estate and operating licenses.

Source: RED Comp #12216

TUCSON, Arizona (December 10, 2025) — An office condominium at the North Swan Road Condominiums project has sold for $680,000 ($225.69 PSF) in a transaction that closed October 6, 2025. The property, located at 2810 N. Swan Road, Suite 160, totals 3,013 square feet and was built in 1999. The property is part of the North Swan Road Condominiums at Swan and Glenn Street in the Northeast submarket.

The buyer, FlipFast Loans LLC, purchased the condo to owner-occupy. The entity is associated with The Skidmore Family Living Trust, Marci Barnes Skidmore, Principal, represented the buyer.

The seller was LMD Swan Road LLC, with Lance Dickson as a Member.

Buzz Isaacson of CBRE (Tucson) handled the transaction for the seller, while Matthew Skidmore of KMS Realty represented the buyer.

For more information, contact Isaacson at 520.529.1300 or Skidmore at 520.207.0903.

Source: RED Comp #12144.

TUCSON, AZ (December 9, 2025) — Catalina View Apartments, a 31-unit multifamily community located at 5160 E. Bellevue Street, has sold for $2,800,000. The buyer, Catalina View Apts LLC, an entity connected to Reynolds Invest LLC of Corona, California, acquired the property from Bellevue Properties LLC of Tucson.

Built in 1969, the 30,904-square-foot garden-style complex sits on just over one acre in the Avondale subdivision. The gated property includes three two-story buildings totaling roughly 30,900 square feet, featuring a mix of 1BR/1BA (700 SF), 2BR/2BA (1,000 SF), and 3BR/2BA (1,500 SF) units. Community amenities include a swimming pool, an interior courtyard, and on-site laundry facilities.

The sale reflects a price of $90,322 per unit and $90.60 per square foot, positioning the transaction as a value-add opportunity in the increasingly competitive Northeast Tucson submarket. The site is zoned R-3, allowing up to 36 units per acre, and remains surrounded by strong rental demand corridors between Speedway and Swan.

Cushman & Wakefield | PICOR’s multifamily team of Allan Mendelsberg and Joey Martinez represented both the seller and the buyer in the transaction.

For more information, Mendelsberg is at 520.546.2721, and Martinez can be reached at 520.546.2730.

Source: RED Comp #12196