MILWAUKEE, Wisc., May 14, 2024 – Boldt Real Estate, a leading real estate development and investment firm, is thrilled to announce the closure of a landmark deal exceeding $200 million in capital to facilitate the acquisition and financing of six senior living communities in partnership with New Perspective, and Fengate.This strategic funding, comprised of a bridge loan, preferred equity and common equity, marks the commencement of a programmatic relationship aimed at channeling $500 million towards the future acquisition and development of senior living communities across the United States.
Jake Garro, President of Boldt Real Estate, said, “We are excited to partner with New Perspective, and Fengate on this transformative initiative. This joint venture not only signifies a substantial financial investment but also underscores our collective commitment to enhancing the lives of seniors and the communities they live in.”...
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- - Volume: 24 - WEEK: 21 Date: 5/22/2024 7:39:21 AM -