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HOUSTON — A joint venture between Avanti Senior Living and Iron Point has sold a seniors housing portfolio located in Texas and Louisiana.
Developed between 2015 and 2019, the portfolio is located in Houston, Dallas, New Orleans and Lafayette, Louisiana. Each of the communities, which include assisted living and memory care residences, totals roughly 90 units. Avanti manages the assets.
JLL Capital Markets brokered the sale on behalf of the joint venture.