GARLAND, TX - Atlanta-headquartered ARA, the largest privately held, full-service investment advisory brokerage firm in the nation focusing exclusively on the multi-housing industry, brokered the sale of Montclair Estates, a 111-unit independent living community located in Garland, Texas. Titan SenQuest, a division of Titan Real Estate Investment Group, acquired the asset from affiliates of Walton Street Capital and Senior Lifestyle Corporation.
Titan created a venture with SenQuest Management to acquire and manage senior independent and assisted living communities. This acquisition is the first seniors housing addition to their portfolio and adds to Titan’s existing presence in Texas. The sale brings together Titan’s financial strength and national real estate portfolio of diverse asset classes, and SenQuest’s specific expertise in the acquisition and management of senior independent communities.
For more information about ARA, nationally please contact Lisa Robinson at lrobinson@ARAusa.com, 678.553.9360 or Amy Morris at amorris@ARAusa.com, 678.553.9366; locally, Jeff Patterson at patterson@ARAusa.com or 949.500.6211.
About ARA
Atlanta-headquartered ARA is the largest privately held, full-service investment advisory firm in the nation that focuses exclusively on the brokerage, financing and capital sourcing of multihousing properties including conventional, affordable, distressed assets, note sales, seniors, student & manufactured housing and multihousing land. ARA is comprised of the country’s top investment professionals who leverage a unique and fully integrated cooperative business platform of shared information, relationships and technology driven solutions. ARA’s unified enterprise approach ensures that clients are delivered the broadest asset exposure, effective matching of buyers and sellers, and the shortest transaction timeframes in the industry. The combination of resources, unparalleled market expertise and nationwide presence in the multihousing marketplace has resulted in average annual production volume of $5.4 billion in real estate transactions since 2004. For detailed information on ARA’s extensive multihousing investment services, visit www.arausa.com