OAKLAND, Calif. — A joint venture of Community Preservation Partners LLC and Related Affordable LLC has acquired Northgate Terrace, a 201-unit affordable seniors housing community in Oakland, for $27.5 million.
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ALEXANDRIA, Va. — Ziegler, a specialty investment bank, has arranged $68.8 million in financing for Goodwin House, a nonprofit seniors housing operator based in Alexandria. Goodwin House operates two continuing care retirement communities (CCRCs) in Virginia.
CARMEL, Ind. — Skilled nursing facility developer Mainstreet has formed a new broker-dealer named Mainstreet Capital Partners LLC. The company is registered with the Financial Industry Regulatory Authority (FINRA) and was created to institutionalize Mainstreet’s fundraising business.