A little more than a month after announcing its acquisition of 29 properties from Diamond Senior Living, Chicago-based Aviv REIT, Inc. (NYSE: AVIV) today closed the transaction valued at $305 million. The deal, which was Aviv’s largest acquisition in three decades, included 23 skilled nursing facilities and one office building, with the remainder comprising assisted […]
General Electric Credit Corp.
Following the recent mega merger with Omega Healthcare Investors (NYSE: OHI), Aviv REIT, Inc. (NYSE: AVIV) announced its largest acquisition in 30 years, at $305 million for 29 properties, the Chicago-based real estate investment trust announced Wednesday. Aviv entered into a definitive agreement with Diamond Senior Living, LLC, a subsidiary of General Electric (GE) Credit Corporation of Tennessee, […]
***Updated An affiliate of Formation Capital has acquired a portfolio of senior care properties, including Harbor Beach Nursing and Rehabilitation Center in Fort Lauderdale, Fla., for $100 million reports the South Florida Business Journal. Public records indicate that the affiliate, Decathlon RE Harbor Beach, is managed by Christina Firth, of Georgia, who oversees Florida transactions for Formation […]
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