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Houston seniors housing community soldHouston seniors housing community soldhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=259662021-05-25T05:00:00Z2021-05-25T15:00:00Z

​​HOUSTON – Chicago Pacific Founders​ has purchased The Shores at Clear Lake from Meridian Realty Advisors.

The 100-unit senior living community spans 90,000 sf across almost eight acres. It has 66 assisted-living and 34 memory-care units in studio and one- and two-bedroom floor plans.

Amenities include a lounge, outdoor patio, ​​​​​​​courtyard, dining areas, movie theater, and memory-care services.

The community opened in 2018 and is 92 percent occupied.

JLL Capital Markets represented the seller and arranged $21.3 million in financing for the buyer. The loan servicer is JLL Real Estate Capital LLC.​​

texaslogo.pngLooking for more Houston senior living news? The Texas Real Estate Research Center's got you covered. ​

Source: JLL
JLL
Houston-The Woodlands-Sugar Land
Senior Living
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