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Loan default triggers sale of memory-care facility in Sacramento, California

Elim Care buys 48-unit senior housing property
The Courte at Citrus Heights, built for cognitively impared residents, was 87% filled when it sold in December. (CoStar)
The Courte at Citrus Heights, built for cognitively impared residents, was 87% filled when it sold in December. (CoStar)
By Aarju Ghimire
CoStar Research
February 20, 2026 | 10:22 P.M.

The Courte at Citrus Heights, a 48-unit memory care facility in suburban Sacramento, traded for $7.6 million at the end of 2025. The 27,768-square-foot property sold for roughly $274 per square foot and was operating at an 87% occupancy rate at the time of sale.

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News | Loan default triggers sale of memory-care facility in Sacramento, California