NEWTON, MA—A day after New Senior Investment Group announced a 17-property portfolio acquisition, Senior Housing Properties Trust has revealed an even larger one. The Newton, MA-based REIT said Tuesday it will buy 38 senior living communities from CNL Lifestyle Communities for approximately $790 million, including the assumption of debt. Eighteen of the communities are leased to six senior living operators, while the remaining 20 are managed by operators on CNL’s behalf.

In all, the portfolio encompasses 3,466 total living units, including 826 independent living units, 1,860 assisted living units, 744 memory care units and 36 skilled nursing beds. Historically, they’ve been 95% private-pay, and were 93% occupied as of November.

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