Littleton-based Caddis Capital Investments LLC has purchased two retirement communities in the Phoenix area.
According to the Denver Business Journal, the properties were a 168-unit manufactured home community in Paradise Valley and a 100-home community in Apache Junction, and both are for residents 55 years or older.
Caddis Capital founder and managing partner Tery Larrew noted that he’s a part-time Scottsdale resident and that he was excited to add the communities to the company’s portfolio. For more information on the Littleton investment firm, go to caddiscapital.com.
This local update courtesy of your Littleton Community Expert.