Aviv REIT bolsters Florida presence with assisted living facility purchase

10/31/2013 | American City Business Journals

Chicago-based Aviv REIT has bought three assisted-living facilities in Florida for $13 million in a deal brokered by Colliers National Seniors Housing Group. The properties range in size from a 21,209-square-foot facility with 41 units to a 47,384 square-foot-facility with 89 units. The properties were purchased from Florida Diversified Business Management and Holding and Pinnacle Healthcare Services.

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