Mike Sales Of Nuveen Real Estate Acquires 218-Unit Senior Housing In Lewisville, Texas From Mile Rock Capital

The transaction involves a 218-unit affordable senior housing community located at 415 South Garden Ridge Boulevard in Lewisville, TX. The asset encompasses an area of 9 acres and is classified as senior housing. Nuveen Real Estate has acquired a stake in this property, which is specifically designed for residents earning up to 60% of the area median income.

The deal features Mike Sales representing Nuveen Real Estate as they acquire interest in the Evergreen at Lewisville property. Mile Rock Capital, the seller, retained an ownership interest in the community following the transaction.