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Assisted Living Company Is Expanding

Expansion-minded ARV Assisted Living Inc. purchased a retirement facility in Florida for $6.1 million and a 15-acre site in Texas for $1.125 million to develop a 160-unit facility. The facility in Port Richey, Fla., has 187 units and is on a 12-acre site.

ARV operates 38 senior citizen living facilities.


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