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Editorial Results (free)
1.
Private Equity Firm Pays $13M for Retirement Community -
Thursday, September 22, 2016
950 Cherry Road
Memphis, TN 38117
Sale Amount: $13 million
Sale Date: Sept. 7, 2016
2.
Chicago Investors Buy Local Retirement Community -
Wednesday, September 21, 2016
A Chicago-based private equity fund has purchased the 176-unit Town Village Audubon Park retirement community in East Memphis for $13 million, or $73,864 per unit.
TV-Ten LP, an entity affiliated with Chicago Pacific Founders, bought the two-story facility from GFTV Audubon Owner LLC in a Sept. 7 special warranty deed. GFTV, an affiliate of New York-based Garrison Investment Group, had purchased Town Village Audubon Park in 2014 for $12.9 million.
3.
New York Firm Buys Retirement Community -
Tuesday, August 12, 2014
996 Cherry Road
Memphis, TN 38117
Sale Amount: $12.9 million
Sale Date: July 30, 2014
Buyer: GFTV Audubon Owner LLC
Seller: TV Memphis LP
Loan Amount: $23.5 million
Loan Date: July 30, 2014
Maturity Date: N/A
Lender: Grandbridge Real Estate Capital LLC
Details: An affiliate of New York-based Garrison Investment Group has paid $12.9 million for the 176-unit Town Village Audubon Park retirement community at 950 Cherry Road in East Memphis.
4.
Town Village Retirement Center Sells for $35 Million -
Tuesday, May 30, 2006
996 Cherry Road
Memphis, TN 38117
Sale Amount: $35 million
Sale Date: May 11, 2006
Buyer: TV Memphis LP