MILFORD, Ohio — CBRE has arranged a refinancing for Pinebrook Retirement Living, a Class A, 124-unit independent living and assisted living community in the Cincinnati suburb of Milford. The size of the loan was not disclosed.
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WASHINGTON, D.C. and YORKTOWN HEIGHTS, N.Y. — HFF has arranged the $54.5 million sale of two seniors housing assets totaling 219 units: Chevy Chase House in Washington, D.C., and Country House in Yorktown Heights, approximately 40 miles north of New York City.
MINOT, N.D. — Investors Real Estate Trust (NYSE: IRET), a publicly traded REIT based in Minot, has entered into six separate sales agreements with Edgewood Senior Living and its affiliates. The deals will result in Edgewood buying 26 IRET-owned seniors housing communities and one standard multifamily community for $236 million.