Post-Acute & Senior Living: New Senior plans largest buy to date

New Senior Investment Group’s growing portfolio includes the 114-bed Village Place assisted living and memory care facility in Port Charlotte, Fla. (Photo courtesy of New Senior)

New Senior Investment Group’s growing portfolio includes the 114-bed Village Place assisted living and memory care facility in Port Charlotte, Fla.
(Photo courtesy of New Senior)

‘Pure play’ senior housing REIT to pay $435M for 17-asset portfolio in 10 states

By Daniel H. Larson

New York-based Newcastle Investment Corp.’s spin-off company, New Senior Investment Group, recently announced its biggest deal yet.

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