Senior Housing Investments & Acquisitions (6/23/13)

Prudential Real Estate Investors Buys Senior Housing Community Prudential Real Estate Investors recently purchased a senior housing community in Alpharetta, Ga. in a transaction brokered by ARA Seniors Housing Group. Arbor Terrace at Crabapple is a 93-unit “Class A” assisted living and memory care community sold by AEW Capital Management on behalf of one of […]

AdCare to Buy Two Skilled Nursing Facilities for $28 Million

AdCare Property Holdings, LLC—a wholly owned subsidiary of AdCare Health Systems, Inc.—announced last week it has entered into an agreement with Avalon Health Care, LLC to acquire two skilled nursing facilities (SNF) for $28 million.  The Nashville-based facilities that are being acquired include a 180-bed facility known as Bethany Health and Rehab, and a 240-bed […]