BEAVER DAM, WI-Charleston House, an assisted living and memory care facility comprising 120 units in Beaver Dam, has been sold to National Health Investors Inc. for a price of $20.2 million. According to National Health Investors, Landmark Senior Living Communities will lease Charleston House for an initial period of 15 years with options for lease extensions.
Murfreesboro, Tennessee-based National Health Investors is a specialist in financing healthcare properties through acquisition and lease-back deals, mortgage loans and RIDEA deals. For the full story, go to Business Journal Serving Greater Milwaukee .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
