Photo courtesy of Benchmark Senior Living

A memory care facility in Rye has sold for $5.5 million, according to public records. Massachusetts-based Benchmark Senior Living bought the facility on Nov. 13.

Benchmark is one of the biggest senior care facility operators in the Northeast, with 62 communities offering a range of options from independent living to memory care.

“Dementia affects over 100,000 people in New Hampshire, and there are not enough resources to support Seacoast families. This November, which is National Alzheimer’s Disease Awareness Month, we are working to address the issues faced by those living with or caring for someone with dementia. We are excited to bring our high level of support to the Seacoast,” Benchmark Senior Vice President of Operations Allison Melahouris said in a statement.

Cushman & Wakefield National Senior Housing Capital Markets Vice Chairman Rick Swartz, Executive Managing Director Jay Wagner, Director Sam Dylag and Analyst Jack Griffin secured financing.

“Evolve at Rye is a unique property in the highly sought-after community of Rye with excellent visibility and market awareness with its location along Route 1,” Wagner said in a statement. “The community is in excellent physical condition, offers strong amenities and large floor plans, and has a superior reputation of providing higher care.”

Harbor One, a New England regional bank, is funding the acquisition.

“We’re pleased to be a part of a project that provides Benchmark the opportunity to expand services through its vision of providing a supportive environment for seniors to live a fulfilling and dignified life,” Scott Sanborn, executive vice president and chief lending officer for HarborOne, said in a statement. “We congratulate Benchmark on this expansion of the great work that they do.”