Los Angeles-Area Senior Living Gets $43M
Westlake Senior Living Center has received $43.2 million in financing for an 86-unit senior housing community in Thousand Oaks, Calif.
Source: multihousingnews.com
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Colliers Arkansas Names New Principals, Shareholders
The real estate company also named five new shareholders.
Source: arkansasbusiness.com
CPP Closes 1st Affordable Housing Buy in Tennessee
CPP Closes 1st Affordable Housing Buy in Tennessee The owner plans to invest more than $12 million to reposition the 108-unit asset. Jun042021 Image courtesy of Irwin Partners Architects Belveron Partners has sold a 108-unit affordable community in Shelbyville, Tenn. The buyer, Community Preservation Partners, plans to rehabilitate the 1968-built Bedford Manor Apartments. The property traded for $6.1 million. The deal marks CPP’s first foray in the state, according to Senior Vice President Seth Gellis. The new owner plans to invest a total of $12.3 million in the...
Source: multihousingnews.com