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Transactions - JUNE 14, 2017

Chinese investor offers $3b to acquire Brookdale

by Andrea Waitrovich

Zhonghong Zhuoye Group Co. Ltd., a Chinese real estate investor, has reportedly offered approximately $3 billion for the acquisition of Brookdale Senior Living, according to a report by news agency Reuters.

Brookdale is the owner and operator of seniors housing in the United States. Its operational portfolio includes 1,052 properties and 103,00 units

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