Arcapita acquires 3 senior living communities for $110 million

Arcapita acquires 3 senior living communities for $110 million

Global investment management firm Arcapita has acquired a privately held portfolio of three U.S. senior living communities for $110 million, the company announced Tuesday. The communities are located in the metropolitan areas surrounding Washington, D.C., and Atlanta. The properties will be managed by an affiliate of the Arbor Co., which is based in Atlanta.

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