Town Lane, Arcole Acquire 186-Unit Community Near Houston

LEAGUE CITY, Texas — Town Lane and Arcole Partners have acquired Grand Living at Tuscan Lakes, a seniors housing community located in League City, approximately 25 miles southeast of Houston. 

Bow River Capital and Ryan Cos. developed and sold the property, which totals 186 units. Opened in 2023, the community features independent living, assisted living and memory care. Amenities at the property include multiple dining venues, a 150-seat theater, spa, fitness center, library and lounge, swimming pool and hot tub. 

Ross Sanders, Dave Fasano, Cody Tremper and Mike Garbers of Berkadia brokered the sale on behalf of the joint venture seller.