Post-Acute & Senior Living: New Senior reports $435M senior housing acquisition and $670M financing

NEW YORK– New Senior Investment Group Inc., a REIT focused on investing in senior housing properties across the United States, recently announced the completion of its $435 million acquisition from affiliates of Hawthorn Retirement Group of 17 private pay, independent senior housing properties. The portfolio consists of 2,082 units across 10 states, is 100 percent private pay, and as of February 2015 had an average occupancy rate of 92.6 percent.

The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE

Existing Users Log In