New Upside Avenue REIT Hopes to Draw Small Investors into Senior Housing

A new, non-traded real estate investment trust (REIT) with senior housing aspirations has arrived on the scene.

The REIT, Upside Avenue, plans to start deploying capital at the end of September, Joy Schoffler, chief strategy officer at both the REIT and its affiliate—Austin, Texas-based private equity firm Casoro Capital—told Senior Housing News.

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