Cima Investment Group, in partnership with 1031 Crowdfunding, has acquired Cariad at North Brook, a 48-unit assisted living and memory care community located in McKinney, Texas.

McKinney, consistently ranked among the fastest-growing cities in America, sits at the northern edge of the Dallas-Fort Worth metroplex—a region Cima knows well. The acquisition brings Cima's portfolio deeper into the DFW market and continues the company's partnership with 1031 Crowdfunding.

"McKinney is exactly where you want to be in Texas right now," said Jonathan Judd, CEO of Cima Investment Group. "Young families are moving in by the thousands, and those families have parents and grandparents who will need care. Cariad gives us a foothold in one of the best growth corridors in the state."

Cima will execute a targeted capital improvement plan while implementing its full operational model, including enhanced care programming, team development, and technology integration.

About 1031 Crowdfunding

1031 Crowdfunding is a real estate investment platform that provides accredited investors access to institutional-quality commercial real estate, including Delaware Statutory Trust (DST) investments for 1031 exchanges.