Sunrise to sell nine ALFs for $131 million.McLean, Va.-based Sunrise Assisted Living as·sist·ed living n. A living arrangement in which people with special needs, especially older people with disabilities, reside in a facility that provides help with everyday tasks such as bathing, dressing, and taking medication. Inc. has entered into an agreement to sell nine assisted living communities, retaining long-term management contracts, to investment entities advised by Prudential Real Estate Investments (PREI PREI Prudential Real Estate Investors PREI Path Remote Error Indicator ) for an aggregate purchase price of $131 million. Sunrise has also closed on a sale of two properties to Dallas-based Aureus The aureus (pl. aurei) was a gold coin of ancient Rome valued at 25 silver denarii. The aureus was regularly issued from the 1st century BC to the beginning of the 4th century AD, when it was replaced by the solidus. Group LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control for a purchase price of $28.1 million. Sunrise and Aureus entered into a similar transaction for Sunrise's Columbia, Md., and Norwood, Mass., properties in 1999. |
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