SARASOTA, Fla. — Gardner Capital has received a reservation of housing tax credits from the Florida Housing Finance Corp. to fund the redevelopment of Amaryllis Park Place. The property is an 84-unit affordable seniors housing community in the Newtown area of Sarasota.
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ST. LOUIS — Griffin-American Healthcare REIT IV has acquired a five-property, 229-unit seniors housing portfolio. Although the properties are all in the St. Louis metro area, they are all located across the state border in the Illinois towns of Columbia, Millstadt, Red Bud and Waterloo.
LAMAR, Colo., MONTE VISTA, Colo., and MYRTLE POINT, Ore. — Lancaster Pollard has arranged $9.5 million in FHA financing for Summit Healthcare REIT. The loans will refinance the acquisition loans on three skilled nursing facilities in the Western United States.