The non-traded Griffin-American Healthcare REIT II Inc. recently beat out larger competitors to acquire a $300 million portfolio of seniors housing properties comprising more than 1,200 units. West Loop Holdings, a joint venture of GE Capital Healthcare Financial Services, KMF Senior Housing Investors and Senior Lifestyle Corp., sold the four communities. The properties, located in Illinois, Ohio and Colorado, had previously been owned by Walton Street Capital and Senior Lifestyle, and the ...

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