S&P 500 Company Acquires 178-Unit Heartis Mid Cities Senior Housing Community In Bedford For Undisclosed Amount

The transaction involved the acquisition of the 178-unit Heartis Mid Cities senior living community located at 2308 State Highway 121 in Bedford, Texas. This senior housing asset is part of a market that focuses on providing living solutions for seniors.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: Not disclosed
• Units: 178
• Address: 2308 State Highway 121
• Market: Bedford, TX
• Seller: Caddis Partners
• Brokerage: Berkadia
• Brokers: Cody Tremper, Mike Garbers, Ross Sanders, Dave Fasano

An S&P 500 company focused on seniors housing completed the acquisition from a joint venture between Caddis Partners and a private equity real estate fund. Berkadia's team, comprised of Ross Sanders, Dave Fasano, Cody Tremper, and Mike Garbers, represented the sellers throughout this transaction.