ESI Arranges $25M Sale of Seniors Housing Community in Grapevine, Texas
GRAPEVINE, TEXAS — Evans Senior Investments (ESI) has arranged the $25 million sale of Dancing River, an 84-unit seniors housing community in Grapevine, located in the central part of the Dallas-Fort Worth metroplex. The property was built in 2010 and was roughly 93 percent occupied at the time of sale. ESI represented the seller, an undisclosed institutional investment firm, in the transaction. The buyer was Inspired Healthcare Capital.