In case you missed it, here are the top five stories grabbing Senior Housing News readers this week: Newcastle to Acquire 52 Holiday Retirement Properties for $1 Billion—The REIT, a Fortress-affiliate, will purchase the properties in a deal expected to close in December. The properties were 91% occupied on average, as of the third quarter. […]
Rising India Inc.
A real estate development firm is planning to build a continuing care retirement community (CCRC) that will feature a solar farm and natural hot spring waters on 161 acres in California’s Coachella Valley. Rising India Inc., a real estate developer headquartered in Tustin, California, plans to include 1,500 units of independent, assisted living and memory […]