CHICAGO-Lillibridge Healthcare Services Inc. has made its firstacquisition since it was acquired by Ventas Inc. earlier thisyear.
The company, which is now a wholly owned subsidiary of Ventas,paid $36.6 million for a portfolio of five medical office buildingstotaling 225,000 square feet. The acquisition was funded with cashon hand.
Lillibridge declined to disclose the seller, but source sayBirmingham, AL-based Sanders Trust was the previous owner.Investment bank Cain Brothers marketed the portfolio.
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