Cima Investment Group is proud to announce the successful acquisition of The Residence at Gramercy, a 155-unit senior living community located in Lincoln, Nebraska. Cima acquired the property directly from Fannie Mae and is in the midst of a transformative operational turnaround and full renovation of the asset.

The Residence at Gramercy offers both Independent Living and Assisted Living, making it one of the largest and most diverse communities in Cima's portfolio. The acquisition represents Cima's continued expansion beyond its Texas and Oklahoma base into new markets with strong demographic tailwinds.

"Gramercy is a significant milestone for us," said Jonathan Judd, CEO of Cima Investment Group. "Acquiring directly from Fannie Mae and taking on a full-scale turnaround is exactly the kind of opportunity we built this platform to execute. Lincoln has a stable, growing senior population—and this community, once revitalized, will be a premier destination for families across the region."

The renovation will include comprehensive upgrades to common areas, resident units, dining spaces, and building systems. Cima will also implement its full operational playbook, including enhanced staffing models, technology integration, and the Vintage Garden lifestyle program.