MYRTLE BEACH, SC – Buvermo Investments, a commercial real estate investment company, announced the acquisition of Inspire Coastal Grand, an active adult apartment home community in Myrtle Beach, South Carolina. The property, which now operates under the name, The Grove at Coastal Grand, is located at 1749 Sea Pine Blvd.
The acquisition highlights Buvermo’s growing investment in the active adult sector and will bring capital improvements to the current property, as well as the introduction of Greystar, the global leader in rental housing, as the new property management team onsite. Greystar is also the leader in active adult space, currently operating 90 active adult apartment homes and roughly 15,000 units nationwide.
“We are seeing an influx of older adults migrating to coastal towns that are seeking connection and community,” stated Kevin Woodley, Managing Partner at Buvermo. “Our goal in acquiring this resort-influenced community is to further develop community partnerships and both enhance the development offerings and innovate the operations for current and future residents. We are excited to be a part of all the growth in Myrtle Beach.”
Myrtle Beach’s first and only active adult community opened its doors in April 2021 to residents aged 55 years and older. The four-story, 194-unit development offers residents one-, two- and three-bedroom floorplans with private balconies and patios. Spanning over 9 acres, the community features include a resort-style pool, fitness center, yoga studio, creative arts room, theater room, billiards room, dog park, outdoor courtyards, walking trail, pickleball and bocce ball courts, and more. The property is located just minutes away from the Myrtle Beach Boardwalk and Promenade and near the Whispering Pines golf course, as well as a variety of shopping, dining, and entertainment options in the heart of Myrtle Beach.
“We are thrilled to partner with First National Bank on this acquisition,” said Jim Lindsey, Managing Partner at Buvermo. “We appreciate the opportunity to collaborate with each of these experienced entities in both broadening our collective portfolios and serving the needs of residents 55 and older in Myrtle Beach. We look forward to further developing this property’s potential and offering tremendous value to the local community.”
The Grove at Coastal Grand is currently the only active living community that offers rental units in the local Myrtle Beacharea. Residents enjoy a resort-inspired carefree lifestyle, a strong sense of community, engaging programming with a plethora of on-site events, and amenities geared towards staying healthy and active, as well as a maintenance-free lifestyle—all differentiators between this property and others serving the 55+ age demographic.
Myrtle Beach is more than just a tourist destination and has been rated in the “Top 25 Best Places to Retire” by U.S. News & World Report, based on the happiness of local residents, housing affordability, tax rates and healthcare quality. With mild weather year-round and a coastal location with proximity to sprawling beaches and fine dining, the area draws tourists and retirees alike.

PORT ST LUCIE, FL – Lerner Enterprises of Rockville, Maryland has acquired Lerner Parc at Gatlin Commons, previously Parc at Gatlin Commons, located in Port St. Lucie, Florida. This class-A multifamily garden community is comprised of 200 apartments and 5,935 square feet of luxurious amenity space in Port St. Lucie, Florida. The building spans a total of 201,000 residential square feet over 14 acres, completed in September 2020. Lerner will also be the property and asset manager of Lerner Parc at Gatlin Commons.
“Parc at Gatlin Commons is the perfect complement to our existing Florida multifamily portfolio as we strive to acquire and develop Class A assets in the path of growth either in the Washington, D.C. metro or Florida markets. We plan to hold this asset for a long time and hope to continue adding to our Florida portfolio,” explained Michael L. Cohen, Vice President of Investments at Lerner.
The community is located only 2.5 miles east of Tradition, a master-planned mixed-use development featuring 1.2 million square feet across office, residential, numerous retail outlets and the Cleveland Clinic Tradition Hospital. In addition to Tradition, directly adjacent to the property are a number of retail outlets including Walmart, Sam’s Club and other shopping center favorites. The property’s location offers convenient access to major interstates with on-ramps to I-95 and the Florida Turnpike only 1.5 and 3.5 miles away, respectively. In addition to the multitude of existing employment opportunities, local growth has forced the expansion of major employers such as the Cleveland Clinic’s Martin Health and Tradition Hospital locations.
Located on Florida’s east-coast between Miami and Orlando, Port St. Lucie has emerged as one of the nation’s premier growth cities and the 3rd largest city in Florida. In 2019, it was named one of the fastest growing cities with the population doubling between 2000 and 2019. In the same year, the city was named as one of the safest cities in the U.S. and one of the best places to retire according to the TC Palm news agency. In May 2022, the Census Bureau named Port St. Lucie as the 12th fastest growing city during the pandemic with a growth rate of 5.2% and the population now topping more than 217,000 people.
“The Port St. Lucie submarket is one of the most dynamic across all of Florida. We have been looking for the right community in St. Lucie County and are thrilled with this addition to our portfolio. We are excited about the opportunity to offer an incredible living experience for our residents,” said Melissa Balkin, Managing Director, Lerner Residential Florida.
Lerner Parc at Gatlin Commons includes a resort-style swimming pool, outdoor kitchens and a top-class fitness center housed in the 5,935 square foot clubhouse. The residential property is fully equipped for resident life and comfort. Lerner received a loan from PCCP to finance the acquisition of Lerner Parc at Gatlin Commons.
“PCCP sees this as a compelling opportunity to lend to Lerner, an experienced multifamily operator, on this well-located, newly built Class A project in a high growth submarket of South Florida,” said Kevin Chin, Managing Director with PCCP.

TUCSON, AZ – New York City-based Vesper Holdings, an industry leader in student housing widely recognized for creating value through its award-winning renovation and rebranding program, has acquired Sol y Luna, a two-tower, high-rise luxury student housing complex located in Tucson, Arizona. The acquisition ranks among the five largest single-asset purchases in student housing history and the largest not involving institutional capital. Vesper has closed on more than $1 billion in assets in the past 12 months. With the Sol y Luna acquisition, Vesper’s portfolio totals 24,093 beds with a valuation of over $2 billion.
“The acquisition of Sol y Luna fits with our strategy of purchasing well-located, trophy assets near Division 1 universities,” said Vesper Holdings Co-Founder and Co-CEO Isaac J. Sitt. “We look forward to executing our investment plan, including over $7 million in property improvements, to deliver the outsized returns we have consistently achieved for our investors over many years.”
“Vesper is known for creating boutique communities that incorporate elements of the world’s most upscale hospitality brands,” said Vesper Holdings Co-Founder and Co-CEO Elliott Tamir. “This asset is a perfect companion to the other properties in our portfolio and gives us a presence in a market where we have hoped to be for quite some time. It also positions us ideally for the next big step in our expansion plan.”
Vesper Holdings purchased the property from Nelson Partners Student Housing for $203 million and closed on the sale October 24. Brad Cooke from Colliers represented the seller and Vesper was advised on the transaction by Tim Bradley from TSB Capital Advisors.
The Sol y Luna property boasts two high-rise towers, one 13 stories and the other 15, built in 2014 and located immediately adjacent to The University of Arizona. They house 340 units and 972 beds, for a total residential area of 344,760 square feet, plus 7,640 square feet of retail space and 200 garage parking spaces. The unit mix ranges from studios to five-bedroom apartments, with 75% of the units having bed-bath parity. Apartments feature high-end finishes such as quartz countertops, stainless steel appliances and wood-plank flooring, as well as in-suite washers and dryers and private balconies.
“The Sol y Luna acquisition represents an exciting milestone in Vesper’s continuing investment in the student housing market,” said Sitt. “We are excited to add this exceptional property to our portfolio and look forward to imprinting it with our own inimitable brand. From where we sit, the possibilities are limitless in terms of where we may go in the future.”
Vesper’s portfolio, including Sol y Luna, is managed by Vesper’s subsidiary property management company – Campus Life & Style (“CLS”). CLS currently manages over 29,000 student housing beds across 37 university markets.

DENVER, CO – Overland Property Group announced the grand opening of The Reserves at Green Valley Ranch mixed-income apartment community. Managed by Mission Rock Residential, the 216-unit community opened with residents moving in just in time to help alleviate the City of Denver’s growing housing affordability challenges.
“Our team has focused on the development of mixed-income housing since our company’s inception more than 20 years ago,” said Ryan Zent, the Vice President of Development with Overland. “We have been delivering affordable housing in Colorado’s mountain communities for years and are thrilled to now be doing the same right here in the Front Range. Denver’s housing needs are vast, and we are grateful to have participated in this successful partnership with both the City and State to help alleviate the growing demand for accessible housing in this fantastic community.”
The master-planned community of Green Valley Ranch (GVR) was annexed to Denver from Adams County nearly 50 years ago. No longer the new addition to Northeast Denver, GVR now holds a well-established place within Denver’s thriving Aerotropolis metro area. GVR is home to schools, a golf course, a recreation center, a public library, Town Center Park, a light rail stop at Pena Station, and a booming economic opportunity with its close proximity to Denver International Airport and the Gaylord of the Rockies resort and convention center.
In 2021, the Gateway Landing development broke ground in the Northwest Quadrant of Green Valley Ranch, thanks to the investment of Equity Ventures Commercial Development and project partner Wall Development Group. The total Gateway Landing development includes plans to develop a total of 525 residential units alongside commercial properties as well. The opening of The Reserves marks the delivery of the first 216 residential homes within this project.
144 of The Reserves’ 216 residences were crafted as permanently affordable housing, with income restrictions for renters ranging from 30% to 80% of the area’s Average Median Income (AMI). These units have already undergone the pre-leasing phase, with nearly 500 Denver residents applying for the homes. This deluge of applications has captured the attention of the City and County of Denver’s Department of Housing Stability, which provided $2,160,000 in financing toward the project.
“Projects like The Reserves at Green Valley Ranch help to get us well on our way of meeting our goal of producing 7,000 affordable homes over just five years,” said HOST Executive Director Britta Fisher. “These homes will make a lasting difference for Denver’s hard-working individuals and families for decades to come.”
The 72 additional market-rate apartment homes have also just completed construction and are now available for lease as well. These residences range in size from one to three bedrooms.
The community’s robust amenity package provides the full resident population with outstanding features such as a clubhouse with a leasing office, a 24/7 fitness center, a community room with indoor/outdoor fireplace, a fully equipped business center, a private theater, covered outdoor seating and firepit along with a community basketball court, kid’s playground, walking trails and picnic areas.
Mission Rock Residential has been selected to manage this new community and is already in place on-site delivering their award-winning community management and community engagement activities, along with handling the leasing activity.
“We are delighted to have partnered with the Overland Property Group in the activation and management of this beautiful new community,” said Meredith Wright, CAPS, CPM, President of Mission Rock Residential. “Our company has more than 10 years of experience in managing mixed-income communities across Colorado and around the country, and we are always thrilled when new communities like The Reserves open their doors, given the clear demand in markets like Denver today.”
In addition to Overland Property Group’s work with the City and County of Denver, the team also worked closely with the Colorado Housing & Finance Authority (CHFA) to garner tax credit support for the development, a key component of the project’s financing. The development was also made possible thanks to the IRS’ new income averaging program which allowed The Reserves to reach residents earning between 70-80% AMI, an audience who has historically been underserved. Through this income averaging program, residents will also have the chance to remain at The Reserves for longer periods, even as their income increases along the AMI spectrum.
“We have heard from residents in our apartment communities around the country that they want to be able to stay, and grow within their communities, not forced out due to incremental income increases,” said Matt Gillam, Managing Partner with the Overland Property Group. “Therefore, our team has worked hard to implement this new opportunity within the LIHTC program, and we are thrilled that our residents here in Green Valley Ranch will have the chance to stay in their homes and remain close with their neighbors and friends.”

BOISE, ID – San Francisco-based real estate investment firm Hamilton Zanze announced the sale of Selway Apartments in Meridian, Idaho. The firm purchased the property. The sale of Selway Apartments represents the firm’s ninth disposition of 2022.
“Selway was right down the fairway for Hamilton Zanze. Its size, vintage, and the Boise submarket itself all presented exciting opportunities at the time of acquisition,” said Anthony Ly, director of dispositions at Hamilton Zanze. “We are elated to have executed on this deal and delivered a positive outcome for our investors.”
During their ownership, Hamilton Zanze completed numerous exterior and landscaping improvements, upgraded community amenities and renovated units with new backsplashes, appliances, and hardware to improve leasing efforts and increase rental rates.
The Selway Apartments were built in 2009 and are located at 2552 West Selway Rapids in Meridian. The property comprises 171 units, averaging 942 square feet, across 19 buildings. The community has a pool, an indoor pool spa, a barbecue area, and a fitness center.
The Apartments are located in Meridian, the second largest city in Idaho. Selway is in close proximity to several major Boise employers, such as Boise State University. The property is close to Valley Regional Transit (VRT), which connects Meridian to other major areas in the Boise MSA. Selway Apartments is located 17 miles from Downtown Boise and 16 miles from the Boise Airport.

ARLINGTON, TX – The Texas Rangers and The Cordish Companies gathered to celebrate the groundbreaking of One Rangers Way, a luxury residential community in the heart of the Arlington Entertainment District. The Rangers and Cordish were joined by Arlington Mayor Jim Ross, Arlington City Council, and community and business leaders from the City of Arlington and Tarrant County to recognize this exciting milestone.
One Rangers Way continues the incredible momentum of new development in the Entertainment District that began with the opening of Texas Live! in 2018. The project continues the next phase of over $1 billion of new development currently under construction in the Entertainment District that includes the forthcoming Loews Arlington Hotel & Convention Center, National Medal of Honor Museum and Spark Coworking.
“Today marks an important milestone in the continued development and expansion of the Arlington Entertainment District,” said Texas Rangers Managing Partner and Majority Owner Ray Davis. “The construction of One Rangers Way will bring an upscale residential component to an area that is already widely known as one of the fastest growing sports and entertainment destinations in the country. The Texas Rangers are proud to partner with the City of Arlington and The Cordish Companies on this incredible project.”
One Rangers Way will celebrate the rich history of the state of Texas and showcase a unique design and curated art collection inspired by the Texas Rangers and America’s favorite pastime. Slated to open in 2024, One Rangers Way will create an exciting first opportunity to live steps away from Globe Life Field, Choctaw Stadium and AT&T Stadium. Its integration with the Entertainment District and proximity to these three iconic stadiums, as well as Texas Live!, Live! by Loews, Loews Arlington Hotel & Convention Center and the National Medal of Honor Museum, will offer a completely unique residential experience. One Rangers Way will feature high-end materials and appliances, expansive ceiling heights, floor-to-ceiling windows and meet National Green Building Standard (NGBS) certification. The 300-unit apartment community will offer a mix of 1-bedroom, 2-bedroom and penthouse apartment homes, as well as a parking garage with 423 spaces.
“It is a great honor for The Cordish Companies to continue its partnership with the Texas Rangers and City of Arlington,” stated Blake Cordish, Principal of The Cordish Companies. “From day one, we knew that a vibrant residential community needed to be a part of our plans in creating a best-in-class mixed-use development. With One Rangers Way, we have created an incredibly special building that will offer the first opportunity for residents to live within steps of three iconic stadiums, Globe Life Field, Choctaw Stadium, and AT&T Stadium, as well as the National Medal of Honor Museum just across the street. Today’s milestone is another important step forward in delivering a world-class destination that will benefit the Arlington community and be a national draw for tourism for decades to come.”;
“One Rangers Way is a wonderful addition to our growing skyline in the Entertainment District and will bring unmatched lifestyle options to our community,” Arlington Mayor Jim Ross said. “We are grateful for this transformative development, made possible by our partnerships with the Rangers and The Cordish Companies.”
One Rangers Way will offer one of the most luxurious, resort-style apartment communities in the country with over 43,000 SF of interior and exterior amenity space. The project will offer an upscale living experience with one-of-a-kind amenities and services on par with the finest residential and condo buildings in the country.
“We are extremely excited to be breaking ground on One Rangers Way today,” said Marnie Sauls, Executive Director of Residential Management for The Cordish Companies. “There will be nothing like this building in the country. This is an incredibly exciting opportunity for our team to deliver a one-of-a-kind living experience in the heart of Arlington Entertainment District. We look forward to welcoming more residents to the Arlington community in 2024.”

SEATTLE, WA – A joint venture between Security Properties and STARS REI purchased 624 Yale, a trophy type-one midrise style multifamily property located in Seattle’s South Lake Union neighborhood for $104,000,000. This will be the second asset for this partnership, following the acquisition of Augusta Apartments in the University of Washington’s University District back in 2019. Security Properties now owns 113 assets totaling approximately 22,500 units across its portfolio. This includes 30 properties and more than 6,400 units in the Seattle/Tacoma/Bellevue MSA.
624 Yale was completed in 2018 and consists of 206 residential units spread across two connected buildings. The property also features 1,942 SF of ground level retail space. Floorplans consist of studios, one and two-bedroom units averaging 711 square feet. Unit interiors consist of white or light brown cabinets, stainless steel appliances, quartz countertops, hardwood flooring, double and triple-paned windows, spacious closets, and private balconies in select units. From an amenity perspective, the property offers a leasing center, fitness center with yoga studio, two rooftop spaces with sweeping views of downtown Seattle and Lake Union, controlled building access, secure parking garage, bike storage, dog washing station and a mail room with parcel lockers. The business plan is a long-term hold with strategic value-add upgrades to both unit interiors and amenity spaces.
South Lake Union has solidified its reputation as one of the nation’s marquee technology and innovation hubs. Industry leading companies such as Amazon, Apple, Meta, and Google’s appetite for expansion in the area has magnified in recent years, fueling robust economic growth in the area. South Lake Union also sits within the Circle of Employment, which hosts numerous high-wage technology and life-sciences companies surrounding Lake Union such as Adobe, Tableau, the University of Washington, PEMCO, and many more. In addition to being home base to Seattle’s thriving tech scene, the neighborhood includes lakefront access, 170 acres of parks, public art, multiple transportation options, museums, residential and office high-rises, and a wide array of bars and restaurants.
According to Alex Gauper, Director at Security Properties, “the acquisition of 624 Yale represented a unique opportunity to purchase a fully stabilized trophy mid-rise asset at a basis significantly below current replacement cost. As renters continue to return to the core, we feel 624 Yale’s dynamic location at the center point of Seattle’s most robust and diversified employment center well positions the asset to fully capture the recovery and future growth of the South Lake Union submarket. We are very excited to have a partner in STARS REI that shares in our long-term conviction and to add 624 Yale to our Seattle core portfolio.”
“We are delighted to keep increasing our residential portfolio in Seattle with Security Properties as our partner. We remain bullish in the long-term on this city due to its powerful and unique ecosystem” said Felipe Laso, Sr. Associate at STARS REI, a privately held real estate investment management company headquartered in Santiago, Chile. “We both share the conviction that opportunities appear in uncertain times, so instead of putting our pencils down, we are trying to be as active as possible in finding high-quality buildings such as 624 Yale.”

SCOTTSDALE, AZ – Mark-Taylor Residential, a leading developer, owner and investment manager of multifamily communities in the Southwest, welcomed Derby into its management portfolio. Located at 800 N. 2nd St. in the Roosevelt Row district of Downtown Phoenix, Derby features uniquely designed high-rise, micro-unit homes that measure from 328 square feet to 834 square feet.
Offering a forward-thinking approach within multifamily housing, Derby is Mark-Taylor’s first high-rise micro-unit community. “The Derby’s micro apartments offer a uniquely minimalist lifestyle, designed for the on-the-go resident to enjoy living in the heart of Downtown Phoenix,” says John Carlson, President of Mark-Taylor. “This exciting addition to our management portfolio is reflective of Mark-Taylor’s commitment to evolving our services today, to meet the resident needs of tomorrow.”
The 21 floors of micro-units at Derby feature awe-inspiring amenities and make a chic, fast-paced lifestyle in the arts district a reality. Future-forward features like integrated smart home technology, classic touches like Murphy beds, and built-in storage help cut down on clutter—a home at Derby is all about convenience.
Boasting an impressive Walk Score of 86, Roosevelt Row ranks notably for its pedestrian friendliness. This highly desirable locale connects Derby residents with top rated art galleries, world-class restaurants, nightlife hot spots, retail destinations, Downtown’s office towers, and more. From effortless daily commutes to epic nights out, Derby’s unmatched downtown location delivers an incredible lifestyle.

RALEIGH, NC – Officials at The Preiss Company (TPCO), one of the nation s largest, privately-held, student housing owner-operators, announced the acquisition of the 928-bed Valentine Commons for an undisclosed amount. The off-campus student apartment complex will undergo a $10 million renovation to further upgrade certain public and private spaces.
Ben Roelke and Ian Walker with Newmark, a global commercial real estate services provider, arranged $77,300,000 in acquisition financing through a life company lender. The five-year loan featured full-term, interest-only payments along with a low floating interest rate, flexible prepayment and a future funding facility to finance the capital upgrades program at the property.
Valentine Commons is an ideal addition to the Preiss portfolio,” said John Preiss, president of TPCO. “This iconic asset is centrally located to a plethora of schools and attractions. The NC State market has been one of the top performing markets in our portfolio, and we believe the upside potential in Valentine Commons is huge. Boasting the largest CapEx plan in the company s history, we plan to build out new amenities, including a pool and rooftop terrace, as well as interior upgrades.
Located steps away from NC State Campus at 3009 ME Valentine Dr., the student apartment complex serves multiple N.C. institutions of higher learning, including North Carolina State University, Meredith University, Campbell School of Law, Peace University, Shaw University, St. Augustine’s University and Wake Tech. The 277-unit, 11-story building is adjacent to the Dan Allen parking garage, right around the corner from Hillsborough Street’s best local restaurants and just minutes from Downtown Raleigh and District Village. Community amenities include a pool, rooftop terrace, private study rooms on every floor, business center, aerobics room, fitness center and game room with a pool table, foosball, darts, shuffleboard and a 65″ TV. Valentine Commons also provides elevators, multiple trash chutes on every floor, a private parking garage, on-site management and monthly resident events.
Valentine Commons has traditionally been more of a ‘transitional housing option for freshman moving out of the dorms and venturing into apartment life, said Adam Byrley, chief operating officer of TPCO. Our business plan is to turn the perception of this asset on its head with top-tier interior unit finishes, brand new amenity spaces and an exciting atmosphere that includes common spaces encouraging socialization and community. Both current and prospective residents will all be taking a second look at Valentine Commons as a community worthy of staying at throughout their time in college.”
Valentine Commons offers two-, three- and four-bedroom apartments featuring private bedrooms, private bathrooms, washer and dryer and oversized windows. Apartments are fully furnished to include wood flooring throughout the common areas, plush bedroom carpeting and full kitchens equipped with all major appliances. High-speed internet, cable, electricity, water, trash and sewer services are all included in the monthly rental installment.
TPCO will invest approximately $10 million to upgrade certain public spaces and units. The pool and rooftop terrace will be fully upgraded, and apartments will receive new interior cabinets, countertops, appliances and flooring.

SEQUIM, WA – Oxford Capital Group announced its acquisition of the Sherwood Portfolio, three senior housing properties totaling 256 units in Sequim WA, through a joint venture with funds managed by affiliates of Fortress Investment Group. The venture acquired the properties from an independent family operator. Oxford’s senior housing management affiliate, Oxford Living US LLC, will manage the properties. Terms of the transaction were not disclosed.
“We are excited to continue to expand our senior housing silo as we strategically assemble a portfolio of properties throughout the United States and Canada,” said John W. Rutledge, Founder, Chairman & CEO of Oxford Capital Group, the Chicago based investor/manager/developer. “Oxford Living has made targeted senior housing acquisitions and investments in a number of growing markets throughout the southeastern United States and Canada, including Florida and Ontario. We plan further portfolio acquisitions in these and other markets.”
“We are excited to partner with an extremely talented Oxford Living team, and we see significant valuation and operational upside potential in the Sherwood Portfolio,” said Fortress Managing Director Peter Stone. “This transaction builds further on our strategy of acquiring senior housing assets with scale in attractive demographic areas that are well-positioned to weather an inflationary environment.”
“While most institutional investors focus on high-end development in urban centers, our strategy is to buy overlooked mid-market properties which are dependable, comfortable and affordable,” said Oxford Living President Lawrence Cummings, who has over thirty years of experience in seniors housing management, operations and development. “We have been warmly received by the resident community in the properties we are acquiring, as well as by the civic leadership of Sequim, and we look forward to continuing to fulfill the properties’ mission to serve their residents and surrounding communities.”
Oxford Living focuses on high private pay senior housing properties in both primary and important secondary markets throughout the United States and Canada. Acquisitions focus on markets with compelling demographics and properties with significant value add potential.
The three property Sherwood Portfolio totals 256 units located in Sequim, WA which is a regional retirement mecca known for its favorable climate and scenic vistas. The venture will invest over $8.0 million in enhancing the properties, with plans for a significant expansion of the portfolio’s assisted living /memory care offerings.
Oxford is a Chicago-based international real estate private equity investment, development and management firm with a historic focus on operationally intensive forms of real estate, including the senior housing, hospitality and multi-family sectors. Oxford has sponsored, co-sponsored and/or invested in over $4.0 billion in senior housing and hospitality assets.