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Laurel at Vintage Park - Houston, TX MSA
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[Houston, Texas, November 30, 2022] CBRE National Senior Housing in partnership with CBRE’s Houston’s Multifamily team completed the sale of an Active Adult/55+ Age Restricted property in Tomball, Texas (Houston MSA) on behalf of the Client, Coastal Ridge, a vertically integrated real estate investment, property management, and development firm. CBRE’s National Senior Housing team members John Sweeny, Aron Will, Scott Bray, and Garrett Sacco, and CBRE’s Houston Multifamily team consisting of Clint Duncan, Matthew Phillips, Jock Naponic, and Nolan Mainguy, represented the seller.
Built in 2014, Laurel at Vintage Park is a Class A community located in Tomball, Texas, about 25 miles northwest of downtown Houston. The 120-unit Active Adult property offers 55+ residents a live, work, play environment by being strategically positioned next to Vintage Park, Northwest Houston’s premier destination for business, shopping, dining and entertainment. The community sits on 5.48 acres, and features one and two bedroom apartments, a two-story clubhouse with a full kitchen, fitness center, community family rooms with kitchens, and numerous amenities to the 55+ resident. |
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CBRE completed $17.3 billion in combined senior housing investment sales and loan originations from 2014 through 2021. CBRE National Senior Housing currently has a multibillion-dollar investment sales pipeline including assets in closing, marketing, packaging.
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