DiNapoli Capital Partners buys Topanga Park Assisted Living
Topanga Park Assisted Living has been acquired by DiNapoli Capital Partners for $23.4 million.
Shep Roylance of the JCH Consulting Group initiated the sale of the the 120-bed facility, located 40 minutes from Los Angeles International Airport.
The facility sits on an acre with a large courtyard and frontage along Topanga Canyon Boulevard. Topanga Park last year posted a revenue of $4.5 million and expenses at $2.3 million.