LONG BEACH, CA-HCP Inc., a Long Beach-based real estate investment trust, has agreed to purchase 133 senior housing communities from a joint venture between Blackstone Real Estate Partners VI, a subsidiary of The Blackstone Group, and Emeritus Corp. for $1.73 billion.
via Los Angeles http://www.globest.com/news/12_461/losangeles/senior_housing/HCP-Scoops-Up-133-Senior-Housing-Communities-for-17B-326153.html
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