BOWIE, Md. — Thrive Senior Living has opened Tribute at Melford, an assisted living and memory care community in Bowie, approximately 15 miles northeast of downtown Washington, D.C.
Assisted Living
New Senior Agrees to Sell Entire Assisted Living Portfolio for $385M, Focus Solely on Independent Living
by Jeff Shaw
NEW YORK CITY — New Senior Investment Group Inc. (NYSE: SNR), a New York-based seniors housing REIT, has agreed to sell its entire assisted living and memory care portfolio for $385 million. The portfolio comprises 28 properties across 14 states totaling 2,840 units. The deal will leave the company with 102 independent living properties and one continuing care retirement community.