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Tennessee Senior Living Community Bought by Health Care REIT Affiliate

6605 Quail Hollow Road LLC, an affiliate of Health Care REIT, bought Belmont Village-Memphis, a senior living community in Tennessee. The 120-unit senior living community was purchased for 16.9 million dollars from Belmont Village Memphis LLC. In conjunction with the purchase, a 36.5 million dollar loan was filed, listing Belmont Village Landlord LLC as the borrower, 6605 Quail Hollow Road LLC as the mortgagor, and Health Care REIT Inc. as the lender.

 

02/14/2012


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