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Spring, Lubbock, Victoria senior-living facilities soldSpring, Lubbock, Victoria senior-living facilities soldhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=116722016-01-06T06:00:00Z2016-01-06T22:00:00Z

​​SPRING, VICTORIA and LUBBOCK - Cain Brothers has arranged the sale of three Lutheran Social Services of the South (LSSS) senior living facilities.

A joint venture of Brookdale and HCP acquired two of the communities: 

The Village at Gleannloch Farms, a 206-unit continuing care retirement community in Spring, and Copperfield Village, an 86-unit independent living facility in Victoria. 

Prime Life Communities acquired the final community, Wedgewood South, a 49-unit assisted-living facility in Lubbock. 

As a result of the transactions, LSSS was able to retire all of its outstanding debt and retain net proceeds to fund its mission.

REBUSINESS
Houston-The Woodlands-Sugar Land
Multifamily
http://rebusinessonline.com/cain-brothers-arranges-sale-of-three-communities-in-texas-for-lutheran-social-services-of-the-south/Source: {Source}

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