MedCore, SunTrust and Trinity acquire assisted living and memory care portfolio
MedCore Partners, SunTrust Bank and Trinity Private Equity Group have acquired an assisted living and memory care portfolio in Arizona and Utah. The total cost was about $98 million. Among the assets in the portfolio are Caliche Senior Living in Casa Grande, Arizona and Summit Senior Living in Kearns, Utah. At the closing of the deal, Watermark Retirement Communities assumed management of all the properties in the portfolio.
26 February 2019•2 mins read
