HCP Affiliate Acquires East Coast Portfolio, Senior Lifestyle to Operate

A seven-property, assisted living and memory care portfolio has been acquired for $186.25 million by an affiliate of health care real estate investment trust (REIT) HCP Inc. (NYSE: HCP). Chicago-based Senior Lifestyle Corp., the eighth-largest provider in the nation, will take over operations.  Senior Lifestyle operates senior living communities in 27 states and offers independent living, […]