Investment

NEW YORK CITY — Bridge Investment Group Partners and its subsidiary ROC Seniors Housing Fund Manager have announced a new initiative to invest more than $2 billion in independent living, assisted living and memory care assets in the United States.

MURFREESBORO, Tenn., and OLATHE, Kan. — National Health Investors Inc. (NYSE: NHI) has signed an agreement with its joint venture partner Bickford Senior Living to convert all of the partnership’s 32 seniors housing leases from a RIDEA structure to triple net.

IRVINE, Calif. — WNC, an Irvine-based national investor in real estate and community development, has closed WNC Institutional Tax Credit Fund 42 L.P., a $102 million institutional low-income housing tax credit (LIHTC) fund.