Private Equity

Bear Real Estate Advisors Represents Capital Square 1031 In Acquisition Of New Memory Care Facility In Greater Houston

by benzinga.com posted 1year ago 576 views
HOUSTON, May 8, 2019 /PRNewswire/ -- Bear Real Estate Advisors, a real estate investment services firm, announced today that it represented Capital Square 1031 in the investment sponsor's acquisition of a new, 10,000-square-foot Class A memory care facility in greater Houston. "Completed in April of this year, the property's new construction, coupled with the rising demand for senior housing across the nation, positions it for investment success," said Matt Bear, founder and chief executive officer. "Additionally, the tenant leases the property under an absolute net lease structure, leaving the landlord with zero responsibilities toward taxes, insurance, maintenance, repairs and capital improvements.