CAPITAL SENIOR LIVING ACQUIRES $72.9M PORTFOLIO

by admin

DALLAS — Dallas-based Capital Senior Living Corp. has completed the acquisition of eight seniors housing communities for $72.9 million. The eight assisted living/memory care communities are located in Texas, Indiana and Ohio. The acquisition was financed through $50.2 million of non-recourse mortgage debt. The properties' average occupancy is more than 95 percent and average monthly rents are approximately $3,200.

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