Press "Enter" to skip to content

CIP Group, Linkvest Capital to Build 120-Bed Assisted Living Facility in Dadeland, Florida

DADELAND, Fla. — Sunset Point ALF, an affiliate of Miami-based real estate development firm CIP Group, and LV Development, an affiliate of Miami-based Linkvest Capital, have formed a joint venture to develop a 40,000-square-foot, 120-bed assisted living facility in an unincorporated area near Dadeland.

The partners acquired the vacant site for $3.7 million from Stupp Family Partnership. Groundbreaking is slated for first-quarter 2022.

CIP Group and Linkvest Capital, through its LV Lending affiliate, are also developing Miami Springs Town Center, a 120,225 square-foot mixed-use project with 51 rental units and 23,500 square feet of retail in Miami Springs.

The post CIP Group, Linkvest Capital to Build 120-Bed Assisted Living Facility in Dadeland, Florida appeared first on Seniors Housing Business.

Source: Senior Housing Business

Be First to Comment

    Leave a Reply

    %d bloggers like this: