(To read more on the multifamily market, click here.)
NEWPORT BEACH, CA-Nationwide Health Properties Inc. has lined up$122 million in new investments in senior housing and long-termcare facilities, the healthcare property REIT reports, increasingits total investments thus far for 2006 to $630 million. The $122million of new investment includes $64 million for senior housingand $58 million in long-term care facilities.
The senior housing comprises seven facilities in Washington andCalifornia, including investment with a new customer, KoelschSenior Communities. The long-term care deal involves sevenfacilities in Massachusetts and Texas.
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