Mar
09

Five S.C. Senior Living Communities Acquired

By
– GSA Business

Senior Housing Properties Trust has entered an agreement to acquire 20 senior living communities, five of which are in South Carolina, for approximately $304 million.

The 2,111 living units in these communities include 814 independent living apartments, 939 assisted living suites, 311 suites which offer specialized Alzheimer’s care, and 47 skilled nursing beds. Senior Housing Properties Trust is a real estate investment trust based in Newton, Mass.

The company did not release the names of the properties. There are seven communities in North Carolina, four in Florida, two in Georgia and two in Virginia.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE

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    Categories : South Carolina News

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