FAIRFAX, Va. — CBRE has arranged $65.2 million in financing for the acquisition of The Virginian, a 306-unit continuing care retirement community (CCRC) in Fairfax. BMO Harris Bank’s Healthcare Real Estate Finance group provided the capital
Acquisitions
WEST DES MOINES, Iowa — Lifespace Communities, a nonprofit owner-operator based in West Des Moines, has agreed to acquire three Senior Quality Lifestyles Corp. (SQLC) communities for an undisclosed price. In addition, Lifespace will acquire Seniority Inc., SQLC’s operational subsidiary.
HOUSTON — Capital Square 1031, a real estate investment and management firm specializing in Delaware statutory trust (DST) offerings, has launched an investment fund for the acquisition of a memory care community in the Kingwood neighborhood of Houston.