Granite Harbor Advisors Arranges Private Equity Funding for Spring Cypress Senior Living in Cypress, Texas

by Jeff Shaw

CYPRESS, Texas — Granite Harbor Advisors, an investment advisory firm based in Houston, has hit its funding goal for its private equity offering to finance an expansion project at Spring Cypress Senior Living located in Cypress, a suburb of Houston.

Spring Cypress Senior Living is an independent living, assisted living and memory care living facility. The center’s expansion project will bring 43 new independent living units split between townhomes and cottages, 95 new assisted living apartments, and 14 new memory care units.

The project’s first phase is completed and has achieved an occupancy rate of 90-95% in recent months.

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