(Read more on the multifamily market.)
CHICAGO-Brookdale Senior Living Inc., based here, has purchasedtwo senior living communities for $101 million. The senior housingfacilities have a total of 675 units and are located in Ohio andnorthern Carolina.
Brookdale had previously leased and operated the facilities. Thecommunities were purchased from private investors. The sellers'identity and a cap rate were not disclosed, nor were the specificfacilities revealed. Representatives from Brookdale declined to beinterviewed.
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