Senior Housing Investments & Transactions: Greystone, IPA

Greystone Closes $12.5 Million Sale of Community in Texas Greystone Real Estate Advisors has closed on the sale of a Class A assisted living and memory care community 20 miles east of downtown Dallas. Cornerstone Senior Living purchased Three Forks of Forney in Forney, Texas, from Healthcap Partners on March 17 for $12.5 million, according to […]

Senior Housing Investments & Transactions: Capital Senior Living, IPA, Cushman & Wakefield

Capital Senior Living Acquires Two Facilities for $56 Million Capital Senior Living Corp. (NYSE: CSU) has acquired two assisted living communities for $56 million. The communities were previously owned by Keystone Senior. The sale of the properties was facilitated by Stephen Snider, an independent senior housing broker. Snider represented Keystone Senior LLC. Joint Venture Acquires […]

In the Pipeline: Senior Housing Construction Projects (10/31/2012)

Construction: Planned SRP Medical, Frontier Management to Build McKinney, Tex. Community SRP Medical and Frontier Management are planning an 80,000-square-foot McKinney, Tex. senior living community. The new development will offer 75 assisted living and 32 memory care units in studio, one-bedroom, and two-bedroom apartments. Amenities will include a theater room, dining and activity areas, and […]