DALLAS – HFF announced today that it has closed the sale of Waldenbrooke Estates, a 180-unit, independent living community in Bryan, Texas.
Titan / SenQuest, the senior housing division of Titan Real Estate Investment Group, Inc., purchased the property for an undisclosed amount free and clear of existing debt.
Situated on 5.54 acres, Waldenbrooke Estates is located at 2410 Memorial Drive across from St. Joseph Regional Health Center. Community amenities include a fitness center, swimming pool, spa, library, recreation room and covered parking, in addition to on-site banking services, on-site beautician/barber services, fitness program, pet program and full meal plan for residents.
The HFF team representing the seller was led by managing director Ryan Maconachy and director Chad Lavender.
Titan Real Estate Investment Group, Inc. is a private investment firm with affiliated companies that own and operate commercial, industrial, multifamily residential, cold and refrigerated storage operations and seniors housing (independent and assisted living) real estate nationwide. Since its inception in 2003, Titan has acquired more than six million square feet of commercial property and 20,000 multifamily units valued at more than $2 billion. Titan consistently generates strong cash flows and capital appreciation by acquiring and proactively managing real estate opportunities in high-demand and high barrier-to-entry industries. The firm’s commercial division is based in Los Angeles, California and its multifamily division is based in Greenville, South Carolina. For more information, visit www.treig.com.
HFF (Holliday Fenoglio Fowler, L.P.) and HFFS (HFF Securities L.P.) are owned by HFF, Inc. (NYSE: HF). HFF operates out of 21 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF together with its affiliate HFFS offer clients a fully integrated national capital markets platform including debt placement, investment sales, equity placement, advisory services, loan sales and commercial loan servicing. For more information please visit www.hfflp.comor follow HFF on Twitter at www.twitter.com/hff.