Independent Living

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.

TUCSON, Ariz. — Chicago Pacific Founders (CPF) and its subsidiaries, CPF Living Communities and Grace Management Inc., have acquired Manor at Midvale, a 140-unit independent living community in Tucson.

PALMYRA, Pa. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of Traditions of Hershey, a 120-unit independent living community in Palmyra approximately 18 miles east of Harrisburg, for an undisclosed price.

FORT WORTH, Texas — A joint venture between The Carlyle Group and Greystar has purchased of MirAvanti at Ridgmar, an independent living community in Fort Worth, for $22 million.

MAYFIELD HEIGHTS, Ohio — Senior Living Investment Brokerage Inc. (SLIB) has arranged the sale of Gates Mills Club, an independent living community in the Cleveland suburb of Mayfield Heights, for $12 million.