Aviv Closes $305 Million Acquisition of 29-Property Portfolio

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 […]

Post-Omega Deal, Aviv Acquires 29 Properties for $305 Million

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, […]