Hamister RE Equity Fund III, LP. Announces the Acquisition of Lansdowne Heights, LLC in Leesburg, VA

Rezul News/10458826
The 60-unit Memory Care Community is managed by Hamister Group, LLC

BUFFALO, N.Y. - Rezul -- Hamister Real Estate Equity Fund III, LP. (Fund III), a private real estate fund sponsored by Hamister Group, LLC, today announced the acquisition of Lansdowne Heights, LLC. memory care community, a 60-unit building in Leesburg.

The community, located at 19520 Sandridge Way, is set to open its doors to new residents in April 2020.

"We are excited to add the Lansdowne facility to the Hamister Portfolio of properties. The community offers a great opportunity for us to use our 42-years of experience in a brand-new facility and provide exceptional returns to our shareholders," said Dan Hamister, Chief Investment Officer for Hamister Group, LLC.

The community, which is designed exclusively for memory care, allows for a unique level of care to seniors facing challenges associated with dementia, Alzheimer's disease and other forms of cognitive impairment. Hamister Group has built a team of licensed nursing professionals and care providers specially trained to focus on the strengths and needs of each individual resident.

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"During my 15 years working in the Senior Care industry, our team at Lansdowne Heights is made up of some of the most caring people I've ever worked with. We're excited to open our doors to the Leesburg community in April," said Justin Roberts, Administrator.

Lansdowne Heights is now leasing. For more information or to schedule a tour of the community, please visit www.lansdowneheights.com or call 703-936-7300.

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Hamister Group, LLC is a recognized leader in healthcare and hotel management, with over 42 years of history and an exceptional record of business success. We focus on providing exceptional service for our customers and have earned a sterling reputation for delivering superior management results.  www.hamistergroup.com

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Hamister Real Estate Equity Fund III, LP is a private real estate fund designed to offer investors both growth and cash-flow oriented, tax-advantaged investment vehicles through a diversified portfolio of middle-market hotels and senior housing facilities which have historically been resistant in recessionary markets.

Fund III, which is sponsored by Hamister Group, LLC remains open for investment to accredited investors. Investment is offered strictly via private placement memorandum. Please visit www.Hamistergroup.com/investments for additional information and certain disclosures regarding Hamister Real Estate Equity Fund III.

Contact
Alex Gress, EVP & CFO
***@hamistergroup.com


Source: Hamister Group, LLC
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Filed Under: Real Estate

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