Florida firm to convert Jehovah’s Witnesses building into luxury senior housing

Florida firm to convert Jehovah’s Witnesses building into luxury senior housing

Florida private equity firm Kayne Anderson Real Estate Advisors has just acquired a residential property owned by the Jehovah’s Witnesses.

Photo via Wikimapia

 

Photo via Wikimapia

Kayne, which invests in off-campus student housing and medical facilities, bought 21 Clark Street, a 16-story building located at in Brooklyn Heights. The firm plans to convert the 310,000 property, which was used by the Jehovah’s Witnesses as a residence for its members, into a luxury senior housing facility.

http://rew-online.com/2017/11/01/florida-firm-to-convert-jehovahs-witness-building-into-luxury-senior-housing/