RADNOR, PA - An affiliate of Livingston Street Capital, a boutique private equity firm focused on commercial real estate investments throughout the U.S., has acquired King City Senior Village, an independent living multifamily community in the greater Portland submarket of King City, Oregon, according to Peter Scola, founder and Co-CEO of Livingston Street Capital.
This is the first West Coast addition to the firm’s 55+ active adult and independent living portfolio and comes on the heels of four recent property acquisitions in the sector by Livingston affiliates, including Schuyler Commons, a 144-unit community in Utica, New York; Glenmont Abbey Village, a 148-unit community near Albany, New York; Hanover Place, a 150-unit community in the Chicago suburb of Tinley Park, Illinois; and Alta at Regency Crest, a 150-unit community in the Baltimore suburb of Ellicott City, Maryland.