KATY, Texas — CNL Healthcare Properties has completed the construction of Watercrest at Katy, a 210-unit, 365,000-square-foot independent living community in the Houston suburb of Katy.
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CBRE Arranges Acquisition Financing for 102-Unit Independent Living Community in California
by Jeff Shaw
REDDING, Calif. — CBRE has arranged an undisclosed amount of financing for Ray Stone Inc., which will use the capital to acquire River Oaks Retirement Community, a 102-unit independent living community in Redding, approximately 160 miles north of Sacramento.
SIERRA MADRE, Calif. — RED Capital Group has arranged a $29 million Fannie Mae loan for Kensington SM GP LLC, which will use the capital to refinance The Kensington Sierra Madre, a luxury assisted living and memory care community in the Los Angeles suburb of Sierra Madre.