(Savethe date: RealShare Industrial2012 comes toThe Bankers Club, Miami, December 5 -6.)

ORLANDO—CNL Healthcare Trust is investing morethan $40 million into senior housing and healthcare real estate inFlorida and Iowa. The healthcare REIT's latestinvestments include $21.6 million into an assisted living andmemory care development project in Lady Lake, FL and theacquisition of three senior housing communities inIowa for about $18.8 million.

CNL will own 100% of HarborChase of Villages Crossing in CentralFlorida. When completed, the 91,000-square-foot seniorhousing project will offer two-story building with 96units. The senior housing facility is next to TheVillages, the largest retirement community in the country and oneof the fastest growing small urban markets in the U.S., and acrossfrom 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.