Manama, 28 April 2020 – The financial closing and launch of a USD 36 million project in the growing sector of senior care facilities in the US was announced by Arbah Capital, with real estate developer Madison Marquette and senior care operator Meridian Senior Living, both of whom have also co-invested in the project.
The first development in a planned pipeline is of USD 36 million and is a premier Class A Senior Living community with 136 units/144-beds of Assisted Living and Memory Care, located 12 miles to the east of downtown Tampa, in Brandon, Florida.
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