Clearwater at Riverpark: sale of premier California coastal senior living community

SAN DIEGO, July 28, 2026 –  JLL Capital Markets announced today that it has arranged the  sale of Clearwater at Riverpark, a 136-unit Class A independent living community in Oxnard, California.

JLL worked on behalf of the seller, Harrison Street Asset Management. The buyer was an S&P 500 company focused on senior housing.

Built in 2018 within the master-planned Riverpark development, Clearwater at Riverpark represents one of Southern California's premier independent living communities, delivering exceptional operating performance in a supply-constrained coastal market. The property sits adjacent to The Collection at Riverpark retail and entertainment destination and just minutes from Oxnard State Beach, offering residents a resort-style lifestyle with direct access to Highway 101.

The 153,297-square-foot community on 3.8 acres features spacious residences averaging 809 square feet with full kitchens, in-unit washers and dryers and private patios. Amenities include multiple dining venues, a swimming pool, fitness center, theater, salon and spa, putting green and dog park.

JLL Capital Market’s Sales and Advisory team representing the seller was led by Senior Managing Director Aaron Rosenzweig and Senior Director Dan Baker.

"Clearwater at Riverpark exemplifies the institutional-quality independent living assets that continue to attract premier capital in today's market," said Rosenzweig. "This community's combination of modern construction, stabilized operations and an irreplaceable location in coastal California created significant buyer interest from a deep pool of institutional capital."

The property was recognized by U.S. News & World Report as Best Independent Living and High Performing for 'Feels Like Home,' underscoring its reputation for quality and resident satisfaction. Operated by Clearwater Living, the community offers a resident-first philosophy focused on exceptional service, thoughtfully designed spaces and engaging lifestyle programs.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources, please visit JLL’s newsroom.

Jones Lang LaSalle Americas, Inc. ("JLL") is a real estate broker licensed with the California Department of Real Estate, license #01223413.

JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of March 31, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.

Harrison Street Asset Management is a leading global alternative investment management firm with $109 billion in assets under management across real estate, infrastructure, and credit strategies. Headquartered in Chicago, Toronto, and London with over 600 employees in offices across North America, Europe, Asia and the Middle East, the firm offers innovative solutions across a variety of closed-end, open-end and specialized vehicles on behalf of over 1,100 institutional investors and over 300 Registered Investment Advisors.¹

¹ HSAM data and descriptions of HSAM’s business are generally comprised of the aggregated data and business activities of investment advisors that are owned in whole or in part by HSAM. Assets under management (“AUM”) reflects the AUM for the investment advisory and asset management clients of such investment advisors and is inclusive of the regulatory AUM of such investment advisors as would be reported in their respective Form ADVs.