1031 Crowdfunding announced today that on Dec. 22, 2021, through its affiliate 1031 CF Properties, it acquired the Iris Memory Care Portfolio, a 76-unit / 88-bed memory care portfolio located in the Dallas-Fort Worth and Oklahoma City MSAs.
Press Release
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Dec 28, 2021 13:00 PST
IRVINE, Calif.,
December 28, 2021 (Newswire.com) –
1031 Crowdfunding announced today that on Dec. 22, 2021, through its affiliate 1031 CF Properties, it acquired the Iris Memory Care Portfolio, a 76-unit / 88-bed memory care portfolio located in the Dallas-Fort Worth and Oklahoma City MSAs.
The portfolio was acquired on behalf of 1031CF Portfolio 1 DST, a private placement offering that seeks to raise $16.85 million in equity from accredited investors and has a minimum investment of $25,000.
The portfolio is operated by Iris Senior Living. Headquartered in Dallas, Texas, the Iris…
