KATY, Texas — CNL Healthcare Properties has completed the construction of Watercrest at Katy, a 210-unit, 365,000-square-foot independent living community in the Houston suburb of Katy.
Independent Living
CBRE Arranges Acquisition Financing for 102-Unit Independent Living Community in California
by Jeff Shaw
REDDING, Calif. — CBRE has arranged an undisclosed amount of financing for Ray Stone Inc., which will use the capital to acquire River Oaks Retirement Community, a 102-unit independent living community in Redding, approximately 160 miles north of Sacramento.
ATLANTA — Grandbridge Real Estate Capital’s Seniors Housing and Healthcare Finance Group has arranged $125 million in financing for the acquisition of four independent living communities in four states. Details on the buyer, seller and specific communities were not disclosed.
FREDERICK, Md. — Wagman Construction has completed construction of The Lodge at Willow Ponds, a new independent living expansion on the Willow Ponds continuing care retirement community (CCRC) campus in Frederick, approximately 50 miles west of Baltimore.