American Healthcare REIT, Inc., through its operating partnership, has agreed to acquire the Kensington Portfolio, a group of eight senior housing communities totaling 745 units in California, Maryland, New York and Virginia, for an aggregate purchase price of $873 million. The transaction is organized under three purchase agreements with unaffiliated sellers and includes customary covenants, representations and indemnities for real estate and operating business asset deals.
Read the full article: American Healthcare REIT to Acquire Kensington Senior Portfolio //
Source: https://www.theglobeandmail.com/investing/markets/stocks/AHR-N/pressreleases/3791444/american-healthcare-reit-to-acquire-kensington-senior-portfolio/