ARC gets $200M in new financing.
Secondly, Health Care REIT Inc. has committed $50 million for developing and acquiring ALFs and CCRCs.
American Retirement currently operates 46 senior living communities in 16 states with capacity for about 12,900 residents. It is developing or constructing 29 communities and expanding 9 existing communities, for an aggregate additional capacity of about 3,500 residents.
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|Publication:||Contemporary Long Term Care|
|Article Type:||Brief Article|
|Date:||Aug 1, 1999|
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