At the end of March, the sale of our Baxter on Broadway project in Oakland, CA closed for $81 million and we are very proud to have been a part of the Oakland “development boom”. Special thanks to our partners at USAA Real Estate as well as Legacy Partners for helping make this project a great success!
Both of our senior housing projects in Milpitas, CA and Rolling Hills Estates, CA are in the final stages of construction and we’re looking forward to delivering them to the operations teams this summer. Merrill Gardens at West Covina and Westmont of Cypress — our other senior housing projects — are making great progress as well! For all the latest news on SRM, click on the April Newsletter.