Wells Fargo Subsidiary Sells Fla. Senior Living Community to Carlyle Group for $19 Million

Washington, D.C.-based asset management company The Carlyle Group recently acquired a senior living community in Jacksonville, Fla., for $19 million, reports the local Business Journal.

The community, Brighton Bay, was sold by a subsidiary of Wells Fargo & Co. (NYSE:WFC). 

Third-party management company Leisure Care has been brought on to operate the community. 

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Written by Alyssa Gerace

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