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Chicago Pacific Founders Buys Senior Housing Complex in Houston

Buyer Also Secured $21.3 Million Loan Through Freddie Mac for 100-Unit The Shores at Clear Lake
The Shores at Clear Lake opened in late 2018 and reached 92% occupancy by September 2020, according to JLL. (JLL)
The Shores at Clear Lake opened in late 2018 and reached 92% occupancy by September 2020, according to JLL. (JLL)
By Victor Gilmer
CoStar Research
June 1, 2021 | 9:00 P.M.

Private equity firm Chicago Pacific Founders has purchased The Shores at Clear Lake. 100-unit senior living complex in Houston.

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