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Solana at Cinco Ranch Sells for $71.3 Million

American Realty Capital Purchases Senior Assistant Facility in Katy
By Ernest Rodriguez
January 7, 2014 | 7:55 P.M.

New York-based American Realty Capital Healthcare Trust purchased the senior living facility at 24001 Cinco Village Center Blvd. in Katy, TX, from Formation Development Group and affiliates of The Carlyle Group for $71.25 million, or about $683 per square foot.

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News | Solana at Cinco Ranch Sells for $71.3 Million