MINNEAPOLIS, April 6, 2022 /PRNewswire/ — Hunter Street, a Minneapolis-based alternative investment management firm, and Mana Investments (“Mana”), an alternative investment manager with a concentration in the real estate sector, are pleased to announce the sale of an approximately nine acre parcel of land to Calson Management (“Calson”), a California-based senior living specialist in construction and operations.
The nine acre parcel of land in Livermore, CA’s The Well at Sunset has received approval to be developed into a 130,000 square-foot, 128 unit, senior housing complex that is slated to commence construction in late 2022 and open in late 2024. The housing complex will be designed with accommodations for three types of units which include independent living, assisted living, and memory care. The design’s footprint will preserve green space and walking trails around the complex, while also maintaining space with adjacent resident housing.
