JLL Arranges Sale of Fairwinds Brighton Court to Public REIT in Lynnwood, Washington

JLL Capital Markets has arranged the sale of Fairwinds Brighton Court, a 182-unit seniors housing community in Lynnwood, Washington, the firm announced June 17, 2026. A public REIT purchased the asset from an unnamed seller, retaining Leisure Care as the property's ongoing manager.

Property Overview and Location

Fairwinds Brighton Court is situated at 6520 196th St. SW in Lynnwood, approximately 30 minutes north of downtown Seattle and 45 minutes from Seattle-Tacoma International Airport. The 4.4-acre property has convenient access to Interstate 5 and is proximate to retail and medical facilities.

Originally constructed in 1988, the three-story community has undergone extensive renovations over the past decade, including a full exterior building rehabilitation. The property offers 124 independent living units and 182 assisted living units in studio, one- and two-bedroom configurations. Amenities include a full-service restaurant, casual bistro, fitness center, salon, library, billiards room and a courtyard. Residents are supported by Leisure Care's PrimeFit program, daily activities, concierge services and transportation services.

JLL's Role and Deal Team

JLL marketed the property on behalf of the unnamed seller. JLL's Senior Housing Capital Markets team was led by Senior Managing Directors Jay Wagner, Rick Swartz and Aaron Rosenzweig, Senior Director Dan Baker and Director Dean Ferris.

"Seniors housing remains an attractive investment particularly in properties like Fairwinds Brighton Court that demonstrate stabilized performance and strong demand drivers," Wagner said.

Public REIT Acquires Asset, Retains Management

The public REIT that acquired Fairwinds Brighton Court has chosen to retain Leisure Care as the community's management operator. The financial terms of the transaction were not disclosed.

About JLL Capital Markets

JLL's Capital Markets group provides capital solutions for real estate investors and occupiers globally, offering investment sales and advisory, debt advisory, mergers and acquisitions, corporate finance, loan sales, equity and fund placement, net lease, derivative advisory and energy and infrastructure advisory services. The group has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries. JLL (NYSE: JLL) reported annual revenue of $26.1 billion and operates in over 80 countries with a global workforce of more than 113,000 as of March 31, 2026.