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Chartwell Seniors Housing Real Estate Investment Trust Announces Termination Of Agreement To Sell Six Of Its U.S. Properties To Fortress Investment Group LLC's Harvest Facility Holdings LP
Chartwell Seniors Housing Real Estate Investment Trust announced that the previously announced agreement to sell its 100% ownership in six U.S. properties aggregating 1,221 independent living suites located in Michigan, Tennessee, Oklahoma, Alabama and Ohio (the Agreement) to Harvest Facility Holdings LP, a wholly-owned subsidiary of Fortress Investment Group LLC (the Purchaser) has been terminated by the Purchaser. Chartwell will continue to own these high quality properties, which will remain under the management of Brookdale Senior Living. Terms of the transaction were not disclosed.
Latest Developments for Fortress Investment Group LLC
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- Fortress Investment Group LLC Reinstates Quarterly Dividend To Class A Shareholders
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