Care Investment Trust Inc. (OTCQX:CVTR) announced on Friday it had entered a joint venture with affiliates of Calamar Enterprises, Inc., owned 75% by affiliates of Care and 25% by affiliates of Calamar, for the acquisition of two senior apartment communities from affiliates of Calamar valued at $23.3 million. Simultaneously with the acquisition, Care entered into […]
Care Investment Trust
Care Investment Trust Inc. (OTCQX:CVTR) has entered an agreement to purchase a seven-property senior housing portfolio from affiliates of Juniper Communities, LLC for $106.5 million. The assisted living and memory care assets are located in desirable markets in New Jersey, Pennsylvania, and Colorado and have a total of 410 units with an average occupancy rate […]
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