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May 5, 2026

First Hill nursing home trades for $13M

By JOURNAL STAFF

SEATTLE — A Truewood by Merrill retirement community, at 1421 Minor Ave., sold last week for $13 million, according to King County records.

The seller was SHI III First Hill LLC, associated with AEW Capital Management and local operator Merrill Gardens, which acquired the property in 2016 for over $23.7 million.


 
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