The company has purchased Sunrise Village in Fullerton, CA, which is currently anchored by a CVS.
On average, properties enjoyed a three-basis-points premium to market returns for each point a community improved its Online Reputation Assessment score.
“There is all of this interest and capital that’s looking to be invested in the space, but there aren’t that many platforms out there that the capital can be allocated to.”
Sponsored by dialpad
Learn how AI-powered, cloud-based communication can improve organization performance, reduce costs, and enhance business strategies.
Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!
- Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
- Exclusive discounts on ALM and GlobeSt events.
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.
Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.