CHICAGO – Just days after disclosing a planned $10 billion merger with Omega Healthcare Investors, Chicago-based Aviv REIT (NYSE: AVIV) announced the acquisition of a $305 million portfolio from Diamond Senior Living LLC, a subsidiary of General Electric Credit Corp. of Tennessee.
The deal includes 29 properties and is the largest company acquisition in 30 years. (For more information on the merger, please see “REIT Report” on Page 28 of this edition.)
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