WINTERS, Calif. — Alliant Capital has completed an investment in Blue Mountain Terrace, a 63-unit affordable seniors housing development in Winters, a rural city approximately 25 miles west of Sacramento. Domus is developing the community, which will serve those age 62 and older earning between 25 and 60 percent of the area median income. The size of Alliant’s investment was not disclosed. “California’s demand for affordable housing is high statewide,” says Dudley Benoit, executive vice president at Alliant Capital. “In particular, the need for quality housing for low-income seniors is …
Investment
BROOKSVILLE, Fla. — Propero Seniors Housing Equity Fund III LLC has invested an undisclosed amount of equity into Cortez Oaks Health and Rehabilitation, a seniors housing development in Brooksville, located 45 miles north of Tampa and 65 miles west of Orlando.