Health Care REIT Purchases 9-Property Benchmark Portfolio for $360 Million

Health Care REIT is purchasing a nine-property assisted living portfolio managed by Benchmark Senior Living from the current owner for $360 million, the Boston Globe first reported Thursday. The health care REIT is purchasing the properties—all located in New England—from a private real estate company, Boston-based Intercontinental Real Estate Corporation. A representative for Intercontinental confirmed that the portfolio comprises 691 […]