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ANNAPOLIS, MD—Last week Griffin-American Healthcare REIT III and NorthStar Healthcare Income announced they were partnering to acquire Trilogy Health Services LLC, for approximately $1.125 billion. It was the latest — but surely — not last, mega deal in the senior housing asset class. If nothing else fundamentals dictate that, coupled with demographics that show a growing need for senior housing as Baby Boomers and then Gen Xers continue to age.

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