Loop investment announces the refinancing of Solaire Adult Active Community. It was acquired in 2015 for under market value. Hands on management along with rent increases and water reimbursements added 20%+ to the NOI. The HUD loan was finalized during December 2017 at an appraised value of $34,750,000, representing a multiple of over four on the equity in less than three years.
Loop Investments is pleased to announce that it has acquired The Fountains at Franklin senior and assisted living facility in Southfield, Michigan. The purchase price was $12 million. The Fountains is one of only a few communities in this...
Loop Investments is pleased to announce it has acquired an exceptional multifamily residential portfolio in Midland, Michigan.
Loop Investments acquired three assets in Southwest Michigan totaling 366 units for $14 million.