Post-Acute & Senior Living: More Post-Acute & Senior Living News
Evans Senior Investments reports that an undisclosed non-traded real estate trust (REIT) recently acquired The Shores of Lake Phalen, a 105-unit independent living, assisted living, and memory care community located in Maplewood, Minn. The Chicago-based investment banking firm says the REIT was the winner of a competitive bidding process, paying a price of $30 million, […]
