Summit Senior Living, Kearns, UT Summit Senior Living, Kearns, UT

DALLAS—Locally-based MedCore Properties, along with SunTrust Bank and Trinity Private Equity Group, have closed on the approximately $98-million purchase of a 409-unit assisted living and memory care portfolio in Arizona and Utah.

The communities involved in this first tranche of a two-tranche acquisition include three assisted living and memory care assets in Arizona—Caliche Senior Living in Casa Grande (105 units); Joshua Springs Senior Living in Bullhead City (104 units) and White Cliffs Senior Living in Kingman (103 units). MedCore has also acquired the 97-unit Summit Senior Living in Kearns, UT.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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