Green Courte Partners acquired the communities Chateaux at Mon Abri, Laurel Springs, and Grace Pointe Living—three active-adult senior cottage communities located in the Oklahoma City metropolitan statistical area.
The portfolio contains 315 cottages and a 35-unit age-restricted apartment building.
The acquisition, which was made through its fifth investment fund, Green Courte Real Estate Partners V, LLC and its affiliates, increases GCP's national age-restricted housing portfolio, which is managed by the firm's wholly owned operating platform, True Connection Communities, to 17 communities containing approximately 2,600 units.
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