MBK Senior Living Sells Two Properties to Brookdale for $56.1 MIllion Brookdale Senior Living recently purchased two Spokane, Washington properties from MBK Senior Living for $56.1 million. The properties, built between 1999 and 2003, include a combination of assisted living and memory care units, with an additional 20 independent units in one of the […]
MBK Senior Living
REIT Buys N.C. ALF for $9.7 Million in Sale-Leaseback Transaction with Meridian Meridian Senior Living recently sold an assisted living community to Cornerstone Core Properties REIT Inc., an investment fund of Irvine, Calif.-based Cornerstone Real Estate Funds, for $9.7 million in a sale-leaseback transaction, reports The Business Journal. Danby House is a 100-bed, 27,129-square-foot community […]
Irvine, Calif.-based MBK Senior Living recently announced the acquisition of Oakmont Gardens, a senior living community in Santa Rosa, Calif., for an undisclosed amount. Oakmont Gardens offers four newly-remodeled one- or two-bedroom floor plans, with community amenities that include swimming pools, spas, a golf course, tennis, a new fitness center, a library, and lawn bowling. […]
Irvine, Calif.-based owner/operator MBK Senior Living recently closed escrow on a $31.9 million senior living community in Tucson, Ariz. The purchase was made with cash from an undisclosed seller. The Country Club of La Cholla is MBK Senior Living’s first Arizona community, and it is the company’s 15th community. The acquisition adds 223 independent living […]