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.
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SAN DIEGO — A panel of nonprofit seniors housing owner-operators has revealed what it believes to to be the keys to success — entering into partnerships with other organizations on a selective basis and providing community-based services outside the seniors housing properties’ walls.