In a joint venture, Brookdale Senior Living and HCP are acquiring 35 private-pay senior communities located in eight U.S. states for $849 million. The portfolio, which the companies are buying from Chartwell Retirement Residences, includes primarily assisted-living and independent-living facilities, with some memory-care and skilled-nursing assets.
Boeing has won a contract to build as many as four tracking satellites for NASA. The contract is worth up to $1.2 billion, and it will create steady work for Boeing's satellite factor in Southern California. Northrop Grumman also competed for the contract.