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boulder nonprofit golden west sells senior apartments to chicago investors

boulder nonprofit golden west sells senior apartments to chicago investors Article News With Simple Text and Web Resource Link. For View Full Content Click on Source Link on Then Bottom Of News.



boulder nonprofit golden west sells senior apartments to chicago investors

a boulder nonprofit offering senior living has sold off its market-rate apartments to a private equity firm from chicago, prompting concern from some residents over potentially higher rents.golden west senior living this week announced the sale of flatirons terrace, 54 units of independent living apartments, to harrison street real estate capital. dial retirement communities, of omaha, neb., will operate the facility. financial terms of the deal — expected to close in february — were not disclosed.though golden west is a nonprofit, flatirons terrace is not income restricted. rents, which include services such as housekeeping and meal plans, range from $3,200 to $4,950 per month.the facility was added to help "financially sustain" gol...