Sunrise Senior Living facilities deal completed
Health Care REIT Inc. announced Wednesday the completion of the acquisition of the Sunrise Senior Living property portfolio, and the sale of the Sunrise management company.
The company’s investment in Sunrise properties is $3.4 billion, and that investment is expected to increase to $4.3 billion by July 2013 upon exercise of the company’s rights to acquire additional joint venture partner interests at fixed purchase prices.
Area Sunrise Senior Living locations are located at 751 E. Terra Cotta Ave. in Çrystal Lake and 510 W. Northwest Hwy. in Barrington.
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