Nationwide Health Completes Purchases
NEWPORT BEACH —
Nationwide Health Properties Inc. said it has completed its previously announced purchase of health-care facilities in Oak Park, Ill., and Corpus Christi, Texas, for $27.6 million. Nationwide Health, a real estate investment trust, said the facilities will be leased to American Retirement Corp. The facilities include 230 independent living units, 47 assisted living units and 55 nursing home beds.
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