2 CNL REITs launch housing projects worth $56.4M

12/31/2012 | American City Business Journals

Two CNL Financial Group REITs are developing housing projects in Texas and Georgia totaling $56.4 million. Global Growth Trust is partnering with Hunt Realty Investments and Trinsic Residential Group to develop a $34.9 million apartment community in Lewisville, Texas. CNL Healthcare Trust and Solomon Senior Living Holdings are building a $21.5 million senior housing community in Acworth, Ga.

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