BURLINGTON, Iowa — Marcus & Millichap has arranged the sale of Rosebush Gardens, a 36-unit assisted living community in Burlington, for $3.7 million. Burlington is located along the Mississippi River near the Illinois and Missouri borders.
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MURFREESBORO, Tenn. — National Health Investors Inc. (NYSE: NHI), a healthcare REIT based in Murfreesboro, will acquire the remaining 15 percent real estate stake in its joint venture with Bickford Senior Living for $25.1 million. In return, Bickford will acquire NHI’s non-controlling 85 percent interest in the operations of the communities for $8.1 million.