Independent Living

GARLAND, Texas — Marcus & Millichap has arranged the sale of Montclair Estates, a 111-unit independent living community in the first-ring Dallas suburb of Garland, for an undisclosed price.

CHICAGO — A joint venture between Chicago Pacific Founders, its affiliate CPF Living Communities and Grand Park Capital Management has acquired a four-property portfolio of Town Village-branded independent living properties for $180 million.

COSTA MESA, Calif. — Blueprint has arranged the $25 million sale of an undisclosed 148-unit independent living community in the Los Angeles submarket of Costa Mesa.

GLEN ALLEN, Va., and HARLEYSVILLE, Pa. — Green Courte Partners LLC, through its Green Courte Real Estate Partners IV fund, has acquired its first two senior housing communities for an undisclosed price.