Lincoln Avenue Capital Acquires 196-Unit Affordable Community in Miami

MIAMI — Lincoln Avenue Capital (LAC) has acquired Brownsville Transit Village I and II, a mid-rise, two-building affordable housing complex in Miami’s Brownsville neighborhood. The first building features 96 units available to any age, while the second features 100 units

Chicago Pacific Founders Acquires Beach House in Naples, Florida

NAPLES, Fla. — Chicago Pacific Founders (CPF) and its subsidiaries, CPF Living Communities and Grace Management, have acquired Beach House, a 113-unit assisted living and memory care community in Naples. The community is located three miles from Naples’ Fifth Avenue

CBRE Brokers Sale of 300-Unit Portfolio in Florida

JACKSONVILLE and STUART, Fla. — CBRE National Senior Housing has brokered the sale of Inspired Living of Jacksonville and Inspired Living of Stuart, both located in Florida. The portfolio offers approximately 300 units and was in initial lease-up at the time

ESI Arranges $28.8M Sale of Tessera of Westchase in Tampa

TAMPA, Fla. — Evans Senior Investments (ESI) has arranged the sale of Tessera of Westchase, a 102-unit assisted living and memory care community in Tampa. An investor/developer sold the property to a publicly traded REIT for $28.8 million, or approximately

Propero Invests in $41.4M Development in Brooksville, Florida

BROOKSVILLE, Fla. — Propero Seniors Housing Equity Fund III LLC has invested an undisclosed amount of equity into Cortez Oaks Health and Rehabilitation, a seniors housing development in Brooksville, located 45 miles north of Tampa and 65 miles west of