DALLAS — Keith Johannessen, president and chief operating officer of Capital Senior Living Corp. (NYSE: CSU), has died after a battle with cancer.
News
LOS ANGELES and NEW YORK CITY — The shareholders of Colony Capital Inc. (NYSE: CLNY), NorthStar Asset Management Group Inc. (NYSE: NSAM) and NorthStar Realty Finance Corp. (NYSE: NRF) have all approved the planned merger of the three companies into one REIT.
INDEPENDENCE, Mo. — Chicago-based Senior Housing Group and its joint-venture development partner, Maine-based Evergreen Partners, have acquired Heritage House, a 166-unit affordable seniors housing community in the Kansas City suburb of Independence, for an undisclosed price.
Community Preservation Partners Buys 280-Unit Affordable Community in California, Plans $11.3M Renovation
by Jeff Shaw
CATHEDRAL CITY, Calif. — Community Preservation Partners (CPP) has acquired Mountain View Apartments, a 280-unit affordable seniors housing community in Cathedral City, approximately 100 miles east of Los Angeles. A private trust sold the property for an undisclosed price.