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1031 Crowdfunding Acquires Memory Care And Assisted Living Portfolio In Texas And Georgia

PRIVATEJul 06, 2022

Acquiring Company

1031 Crowdfunding

Acquired Company

Laza Medical

CampbellHealth CareBiotechnologySoftwareHealth CareArtificial IntelligenceMedicalMedical DeviceMachine LearningHealth Diagnostics

Description

1031 Crowdfunding (1031CF), has acquired its newest assisted living and memory care facilities to continue offering investors ways to diversify their portfolios. The 1031CF Portfolio 3 DST includes a 137-bed / 109-unit portfolio in Dallas, Texas and Cleveland, Georgia through its affiliate 1031 CF Properties, LLC. The properties have a 95.6% combined occupancy. The portfolio is now available to investors and is expected to garner high interest with 5.5% current cash flow.

Quick answer

1031 Crowdfunding is acquiring Laza Medical, announced July 6, 2022.

How much did 1031 Crowdfunding pay for Laza Medical?
The deal value was not disclosed.
What does 1031 Crowdfunding do?
1031 Crowdfunding, LLC is an online marketplace where real estate investors can find, view and purchase a variety of available, turnkey, investment-grade properties.
Where are 1031 Crowdfunding and Laza Medical based?
Laza Medical is based in Campbell, California, United States.

Source: Fundz verified event record.

Other recent acquisitions in Medical and Medical Device

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

1031 Crowdfunding

Location

Crowdfunding We Have

About

1031 Crowdfunding, LLC is an online marketplace where real estate investors can find, view and purchase a variety of available, turnkey, investment-grade properties. We present investors with 1031 exchange-qualified properties through Delaware Statutory Trusts (DSTs) to ensure every 1031 exchange investor has the opportunity to complete a successful exchange. Securities offered through Capulent, LLC, member FINRA/SIPC. *There can be no assurance that performance objectives will be met. The ability of 1031CF Portfolio 3 DST to make distributions to its investors will depend solely on cash flows generated by the facilities, which are not certain. Current cash flow is calculated based on current occupancy and operating history of the facilities at or immediately preceding the date of the Memorandum. Any reductions in the actual or projected cash flows from the facilities would negatively impact the returns received by an investor in 1031CF Portfolio 3 DST. Additionally, cash flow is distributed to the Trust under the Master Lease Agreement. An investment in 1031CF Portfolio 3 DST involves a substantial degree of risk and investors could lose some or all of their investment in 1031CF Portfolio 3 DST. Securities offered by Capulent LLC, member Finra/SIPC. Before investing, you should review the PPM in its entirety, including the discussion of the risks in the PPM under the heading “Risk Factors.” This material is designed for marketing purposes only and does not constitute an offer to sell or a solicitation of an offer to buy securities. For more information on 1031 Crowdfunding, visit www.1031Crowdfunding.com or call 844-533-1031.

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Frequently asked

Who acquired Laza Medical?

Laza Medical was acquired by 1031 Crowdfunding. The deal was reported on July 6, 2022. 1031 Crowdfunding, LLC is an online marketplace where real estate investors can find, view and purchase a variety of available, turnkey, investment-grade properties. 1031 Crowdfunding is privately held and operates in Health Care.

When did 1031 Crowdfunding acquire Laza Medical?

1031 Crowdfunding's acquisition of Laza Medical was reported on July 6, 2022. 1031 Crowdfunding (1031CF), has acquired its newest assisted living and memory care facilities to continue offering investors ways to diversify their portfolios. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Laza Medical do?

Laza Medical is a privately held portfolio company of Shifamed, LLC., a highly specialized medical innovation hub founded by serial entrepreneur, Amr Salahieh. It is privately held, operating in Biotechnology, and is based in Campbell.

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