A Memphis-area active adult community with a refurbishment upside has been sold, facilitated by Senior Living Investment Brokerage, reports Senior Housing News.
The seller is a regional owner with various real estate investments and the buyer is a multi-family group from Southern California that is looking to increase its footprint in the active adult space.
The community, called Hickory Hills, is more than 160,000 square feet and includes 150 units. Read more.
