Senior Housing News September 25, 2024
Transactions
Mustang Creek Enterprises acquires sixth community
Mustang Creek Enterprises, an assisted living and memory care developer in North Texas, took ownership of its sixth community on Sept. 18.
According to a press release, the company closed on the purchase of Mustang Creek Estates of Frisco and took ownership of the community.
The community has 80 units total and has been operated by Mustang Creek Estates since 2014.
JLL Capital Markets closes on Florida community sale, financing
JLL Capital Markets closed on the sale and financing of Mariposa in Lake Worth, Florida.
According to a press release, the 313-unit community was built in 2018 and is spread out over 23 acres.
JLL represented the seller for the community and procured...
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