IRA Capital acquired a pair of recently built assisted living and memory care facilities in Northern California totaling 160 units as part of a new investment strategy to diversify its healthcare real estate portfolio. The $106.5 million transaction marks its first acquisition in the sector and the firm said it plans to continue acquiring similar assets throughout the West Coast.
California Investment Firm Launches Senior Housing Initiative, Closes First Two Deals
IRA Capital Planning More Acquisitions After Buying Senior Housing Properties in Dublin and Novato, California
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IN THIS ARTICLE
- Properties
- Elegance Hamilton Hill
1 Hamilton Hill Dr, Novato, CA
- Elegance Senior Living
7601 Amador Valley Blvd, Dublin, CA
- Companies
- IRA Capital, LLC
Real Estate
- Contacts
- Jay Gangwal
Managing Partner, IRA Capital, LLC