CBRE Arranges $20.9M Acquisition Financing for 124-Unit Community Near Houston

CYPRESS, Texas — CBRE has arranged $20.9 million in financing for the acquisition of Park Creek, a 124-unit independent living community in the Houston suburb of Cypress.

The borrower was a joint venture between Capitol Seniors Housing and The Carlyle Group. Civitas Senior Living will operate the community.

Aron Will of CBRE National Senior Housing arranged the financing.

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