Transactions and Financings: 12 Oaks Acquires 200-Unit Community; $46M Construction Loan Awarded to The Edge Sarasota

Senior Housing News December 17, 2024
Andrew Christman

Transactions

12 Oaks acquires 200-unit community

12 Oaks Senior Living announced its acquisition of West Fork Village, a 201-unit independent living community in Irving, Texas on Dec. 11.

According to a press release, the community has been managed by 12 Oaks since 2018 and is the company’s first owned community in “many years.”

“This step allows us to continue delivering exceptional and affordable service while enhancing the community for its residents. West Fork Village is a shining example of serving the middle market and providing affordable yet high value living for seniors who, in many instances, simply don’t have another alternative,” Greg Puklicz, 12 Oaks president, said in the release.

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