Ventas Sells 12 Senior Housing Communities; Settles Lawsuit

Ventas Atria Darien, Conn. Ventas, Inc. recently announced it sold twelve seniors housing communities to Assisted Living Concepts, Inc. for a total of $ 100 million in cash, settling a lawsuit Ventas filed against ALC. Prior to the sale, ALC, a Milwaukee-area long-term care provider,
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8 of 9 Senior Communities Sell for $379M

Newton, MA-based Senior Housing Properties Trust (NYSE: SNH) closed on eight of the nine senior-living rental communities it agreed to buy from HBC Associates back in September. The aggregate sales price topped $ 379 million, excluding acquisition costs, according to the company. The
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