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DRIPPING SPRINGS, Texas — ARCTRUST Private Capital and Edison Equity Residential have broken ground on Serenova at Dripping Springs, a new active adult community in Dripping Springs, roughly 25 miles southwest of Austin.
Upon completion, the community will total 175 units reserved for residents age 55 and older.
This marks the second com...
NEWPORT BEACH, Calif. — JLL Capital Markets has arranged the sale and financing of Atria Newport Beach, a 168-unit senior living community located in Newport Beach.
An institutional investor purchased the property in partnership with the existing operator, Atria Senior Living, which will continue to manage the community. The seller was also an inst...
OTHELLO, Wash. — Marcus & Millichap has brokered the sale of Coventry House, a 64-unit seniors housing community located in Othello in southeastern Washington.
A Washington-based owner and operator with a portfolio of more than 10 senior living communities in the state purchased the property for an undisclosed price. Michael Mooney, Nick Stahle...
LINCOLNWOOD, Ill. — Senior Resource Group and the TIAA Real Estate Account — which is managed and supported by Nuveen Real Estate — have acquired The Carrington at Lincolnwood in Lincolnwood, roughly 13 miles northwest of downtown Chicago. A partnership between LAMB Properties and Harbert South Bay Partners sold the property for $212.5 million.
Tot...
SEATTLE — Columbia Pacific Advisors has received a $130 million loan for the refinancing of Murano Senior Living, a seniors housing community located in Seattle. The borrower developed the property, which opened in 2019.
Chris Cain, Tyler Armstrong and Taylor Russ of Lument arranged the financing on behalf of the borrower.
“This financin...