Deal Snapshot
MBK SENIOR LIVING CLOSES ACQUISITION OF NINE NEW SENIOR LIVING COMMUNITIES
Tuesday 10 July 2018

US-based property investor MBK Real Estate LLC's MBK Senior Living subsidiary has closed escrow on nine new senior living communities located in California, Washington and Arizona, the firm said.
This acquisition marks the company's largest single purchase and expands the portfolio to 34 owned and managed communities located throughout the Western United States. Acquired for USD 382m, the nine communities are comprised of a mix of independent living, assisted living and memory care programmes and include nearly 1,200 units.


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Details
Date Published: 10/07/2018
Target: Nine new senior living communities located in,  California, Washington and Arizona
Country: USA
Deal Size: 382m (USD)
Sector: Construction/Real Estate
Type: LBO
Financing: Cash
Status: Closed
Vendor:
Buyer: MBK Senior Living
Comment:


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