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Standard Communities Pays $100M For Senior Housing Properties

Standard Communities Pays $100M For Senior Housing Properties
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Standard Communities leads public-private partnership to convert 176-unit providence community to affordable from market rate

Standard Communities, a major national affordable housing investor and developer, has acquired Tanglewood Village, a 176-unit apartment community in West Warwick, Rhode Island. Standard Communities led a public-private partnership to convert the market-rate property into long-term dedicated affordable housing. No existing residents will be displaced. This marks Standard’s fifth acquisition. ....

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