Granite Investment Group

Granite Investment Group Sells Two Senior Housing Properties Near Austin, Texas for $23.4 Million

LogoGranite Investment Group announced today that, through an affiliate, the company has sold two senior housing properties near Austin, Texas, for $23.4 million.

Granite Investment Group Acquires 48-Unit Assisted Living Facility Near Kansas City

LogoGranite Investment Group announced today the company recently acquired a 48-unit assisted living facility in the Kansas City suburb of Shawnee, Kansas. The transaction was completed at an all-in cap rate of approximately 8.4 percent and features a long-term bond net lease that expires in 2030.