Greystone Real Estate Advisors closed the sale of a 256-unit independent living community on June 11, 2018. The well-occupied property is centrally located in North Dallas, Texas, close to the area’s best medical centers. Set on 5.60 acres, the building has 233,793 square feet and offers a variety of studio, one-bedroom, and two-bedroom floor plans. A Dallas-based real estate company purchased the property from a publicly-traded REIT. 12 Oaks Senior Living will operate the community on behalf of the new owner. Mike Garbers and Cody Tremper of Greystone Real Estate Advisors represented the seller in the transaction.