TAMPA, FL --CLW Health Care Services Group is pleased to have represented SHP II Caruth, L.P. in the sale of Caruth Haven Court, (top right photo) a 91-unit Assisted Living community locatedin the prestigious Park Cities area of northern Dallas.SHP II Caruth, L.P. is a partnership between entities of Prudential Real Estate Investors and 12 Oaks Senior Living.
The property was purchased by Cornerstone Growth and Income REIT, Inc. through its affiliation with Servant Healthcare Investments, LLC and Cornerstone Real Estate Funds for $20.5 million ($225,275 per unit). 12 Oaks Senior Living, the current operator, will be retained to operate Caruth Haven Court.
Contact: Allen McMurtry, 813.349.8349, amcmurtry@clwrg.com .
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