Assisted Living on Buying Spree
- Share via
COSTA MESA — ARV Assisted Living Inc., an operator of independent and assisted living facilities, released details Tuesday of five recent acquisitions and development transactions in Florida and Colorado. The deals are: the acquisition of a 248-unit facility for $10.5 million in Jacksonville; a contract to acquire a 120-unit facility in Venice for $10.3 million; a long-term operating lease to operate a 232-unit facility near Tampa; the purchase of 5.6 acres in Fort Myers for $1.1 million for development of about 145 units; and a $417,000 land acquisition in Lakewood, Colo., for a new 134-unit facility.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.