The REIT purchased a senior housing facility in Augusta, GA, and a former senior housing facility in Gulf Breeze, FL, which will be converted into an addiction treatment center.
The lodging sector delinquency rate dropped 41 basis points to 15.95% in March.
The 87,752-SF, Oxford North Student Apartments, situated near Cal State University Fullerton, sold for $44.4 million to a private investment group.
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