DiNapoli Capital Partners buys Topanga Park Assisted Living

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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.

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