News

8/25/2016

Arcadia uses Propero® Equity Structure to Fund New Development

Arcadia Communities, headquartered in Louisville, Kentucky, was founded in 2008 and owns and operates three seniors housing and care properties in Kentucky, Louisiana, and Michigan. Seeking to expand its footprint, Arcadia sought funding to construct a new 79-unit seniors housing and care community consisting of independent living (IL), assisted living (AL) and memory care (MC) units. The project, to be called Arcadia Senior Living-Clarksville, will be located approximately 50 miles northwest of Nashville in Clarksville, Tennessee.