Senior Housing News September 6, 2024
Transactions
American Healthcare REIT acquires four communities
Cogir Management and American Healthcare REIT have expanded their relationship with the acquisition of four more communities in Washington.
According to a press release, the portfolio consists of 207 assisted living and memory care units and allows Cogir to operate in Washington, California, Utah and North Carolina for AHR.
Cogir and AHR have been partnered since 2019. The acquisition increases the total communities Cogir manages to 22 in Washington and 84 across the country.
Blueprint sells Tennessee community
Blueprint announced it sold a single-site community in Memphis, Tennessee on Sept. 5.
According to a press release, the community was built in the 1990s and has a history of stable occupancy and margin, but...
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