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In conjunction with the deal, which is expected to close within the next 45 days, the two firms in a joint announcement reported that Roseview Group CEO Vince Costantini will serve as CEO of the combined firm.
The market is beginning to segment senior housing development in terms of income and affordability, says Key Bank's Lee Delaveris. Listen to our exclusive audio interview.
Heartline's office and retail unit sold to Intercontinental Real Estate Corporation on behalf of its managed fund, US Real Estate Investment Fund LLC; the seller was Security Properties Development Co.