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Capital Senior Living Corporation Acquires Five Communities For $49.4 Million


Monday, 2 Apr 2012 07:00am EDT 

Capital Senior Living Corporation announced that it has completed the acquisition of five senior living communities for a purchase price of $49.4 million. These communities are in Texas and Indiana, enhancing the Company’s existing operations in these states. The five communities are financed with approximately $37.5 million of 10-year fixed rate debt that is non-recourse to the Company with a blended interest rate of 4.71%. The Company expects to acquire these communities in the second quarter of 2012. 

Company Quote

25.67
-0.4 -1.53%
4:01pm EDT