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KIRKLAND, WA - American Capital Group, Artemis Real Estate Partners and MorningStar Senior Living announced they have completed the acquisition of two independent senior living development projects situated adjacent to the previously announced Lifebridge Kirkland Apartments in Kirkland, Wash. and the Amberglen Apartments in Hillsboro, Ore. The projects will operate under the brand names MorningStar Senior Living of Kirkland and MorningStar Senior Living of Hillsboro, respectively.
MorningStar Senior Living of Kirkland will offer 151 independent living units as well as a full-service kitchen, pool, spa, fitness center and direct access to both private and public walking paths, promoting a healthy lifestyle for its senior residents. The community is less than a mile from Evergreen Medical Center, the #4 ranked hospital in Washington, and within a ten-mile radius of 11 hospitals offering emergency services. In spite of rapid population growth in the Kirkland area, no additional indepen
Press release content from Business Wire. The AP news staff was not involved in its creation.
American Capital Group, Artemis Real Estate Partners Add Independent Senior Living Projects to Pacific Northwest Multifamily Development Portfolio
January 11, 2021 GMT
KIRKLAND, Wash. & HILLSBORO, Ore. (BUSINESS WIRE) Jan 11, 2021
American Capital Group (“ACG”), Artemis Real Estate Partners (“Artemis”) and MorningStar Senior Living today announced they have completed the acquisition of two independent senior living development projects situated adjacent to the previously announced Lifebridge Kirkland Apartments in Kirkland, Wash. and the Amberglen Apartments in Hillsboro, Ore. The projects will operate under the brand names MorningStar Senior Living of Kirkland and MorningStar Senior Living of Hillsboro, respectively.