Stacked Stone Ventures, in a joint venture with Praxis Capital, has acquired a $71 million seniors housing portfolio located in Missouri. The acquired properties include Oak Pointe of Carthage, Oak Pointe of Kearney, Oak Pointe of Maryville, Oak Pointe of Monett, Oak Pointe of Neosho, Oak Pointe of Rolla and Oak Pointe of Washington. Viva Senior Living will manage the properties on behalf of the new ownership. Senior Living Investment Brokerage (SLIB) arranged the transaction.
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Source: https://seniorshousingbusiness.com/stacked-stone-praxis-capital-acquire-71m-portfolio-in-missouri/