Health Care REIT finalizes deal with Merrill Gardens

09/4/2013 | Blade (Toledo, Ohio), The

Health Care REIT has finalized a previously announced leasing agreement with Emeritus Senior Living, which involves 38 senior housing communities once owned in a joint venture with Merrill Gardens. As part of the transaction, Health Care REIT has acquired Merrill Gardens' 20% stake in the venture for $173 million.

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Blade (Toledo, Ohio), The

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