CARMEL, IN— Prairie Landing Community, Inc., an affiliate of Indianapolis-based BHI Senior Living, has acquired The Barrington of Carmel, a 267-unit, entrance-fee continuing care retirement community in this Indianapolis suburb for $61 million in a bankruptcy sale transaction.
The property was sold by Addison, TX-based Senior Quality Lifestyles Corp. The deal calculated out to $228,464-per-unit.
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