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But a quarter of operators still have to limit admissions due to staffing shortages.
Deal includes 10 buildings that have been sold to fund a recent merger of healthcare REITs.
Occupancy ticked up in August, but labor and admissions challenges are likely to continue to plague the sector.
A four-hour minimum of daily nursing care would add $10B/year to operators' costs.
Canadian firm acquires Cadence, merger encompasses 60 communities, 8K units.
Portfolio operated by ProMedica will be pared down to memory care.
J.D. Power survey points to declines in satisfaction with community staff and buildings and grounds.
Welltower REIT buys 187-unit Byron Park from PGIM, Kisco for $101M.
GIC Pte. Ltd. is purchasing a controlling interest in a GRT office portfolio.
BGL report said investors to continue directing capital to this "attractive" segment.
