(Save the date: RealShare Industrial 2012 comes to The Bankers Club, Miami, December 5 - 6.)

ORLANDO—CNL Healthcare Trust is investing more than $40 million into senior housing and healthcare real estate in Florida and Iowa. The healthcare REIT's latest investments include $21.6 million into an assisted living and memory care development project in Lady Lake, FL and the acquisition of three senior housing communities in Iowa for about $18.8 million.

CNL will own 100% of HarborChase of Villages Crossing in Central Florida. When completed, the 91,000-square-foot senior housing project will offer two-story building with 96 units. The senior housing facility is next to The Villages, the largest retirement community in the country and one of the fastest growing small urban markets in the U.S., and across from The Villages Regional Medical Center.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.