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Editorial Results (free)
1. Sales of Senior Living Facilities Up in 2015
- Saturday, August 22, 2015
Mirroring national trends that show an increase in interest by investors in senior living facilities, the number of nursing home/elderly housing facilities that have changed hands is on the rise in Shelby County.
2. Michigan Investor Pays $7.5 Million for Hickory Hill Apartments
- Tuesday, June 23, 2015
5995 Waterstone Oak Way
Sale Amount: $7.5 million
Sale Date: June 11, 2015
Buyer: RoCo-Lakes LLC
Seller: RRE Waterstone Holdings LLC
Loan Amount: $6.2 million
Loan Date: June 11, 2015
Maturity Date: June 11, 2017
Lender: Keybank NA
Details: RoCo-Lakes LLC, a Michigan limited liability company, purchased two parcels comprising The Lakes at Ridgeway Apartments on June 11.
3. Hickory Hill Retirement Home Sells for $1.2 Million
- Thursday, June 18, 2015
FLH Assisted Living Residences LP, a Tennessee limited partnership based in Collierville, purchased the Franklin Park retirement home located at 3393 Kirby Road in Hickory Hill on June 11 for $1.2 million.