Touzi Capital closes on another Assisted Living Facility

[Ryan Beatty]

Investment Info:

Other other investment in Venice.

Cash invested: $1,000,000

Venice Growth Fund presents the opportunity to participate in the ground-up construction of a brand-new, 100-residential unit luxury, senior living facility. Investors will own a preferred equity position in the project, and will receive an annualized 17% preferred return on investment paid at the end of the project term, which is expected to be 28 months. The aging population and severe shortage of senior living facilities creates a strong, growing market.

What made you interested in investing in this type of deal?

We believe in the fundamentals of assisted living communities and the associated strong cash flow. We also believe in providing A class facilities to seniors who need this level of care.

How did you find this deal and how did you negotiate it?

We work very closely with our partner and value this partnership.