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Welltower selling stake in Merrill Gardens portfolio
Transactions - OCTOBER 5, 2020

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Welltower selling stake in Merrill Gardens portfolio

by Andrea Zander

Healthcare real estate investment trust Welltower has plans to sell its stake in 10 senior living communities operated by Merrill Gardens for about $700 million, reported to various media outlets.

Those 10 communities are located across California, Nevada and Washington.

The deal was announced in February.

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