Franklin Templeton and its investment manager, Clarion Partners, have announced Clarion Partners Real Estate Income Fund (CPREX)’s entry into the senior housing sector through a debt investment in The Pearl at Boulder Creek, a 116-unit, 165,900-square-foot property in Boulder, Colo. CPREX is a closed-end tender offer fund that provides individual investors with access to institutional-quality private real estate through stable, well-leased, cash flow–producing properties across the United States.
The Pearl at Boulder Creek provides a vibrant and supportive senior living experience in a convenient location adjacent to the University of Colorado Boulder campus and its surrounding amenities. The property offers customized care and meticulously designed amenities including an indoor pool, salon and nail spa, full-service dining room, bistro and pub, fitness center, art studio, and covered parking. Designed to appeal to a broad range of prospective residents seeking either ind
