Courtyard Fountains - Gresham, OR
TFG sourced and negotiated the purchase and financing of this 252-unit independent and assisted living community located in Gresham, Oregon. Principals of TFG and Watermark formed a joint venture with Prudential Real Estate Investors for the purchase of this property that closed at the end of 2012. Prudential Real Estate Investors is the real estate investment management business of Prudential Financial, Inc. PREI®’s business is the execution of real estate investment strategies, in markets throughout the world, for a global client base. Herbert J. Sims also provided co-GP capital for the transaction. The community was built in three phases (1999 to 2010) and is presently over 95% occupied.