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New Senior Investment Group Completes $435M Seniors Housing Portfolio Acquisition, $670M Financing

New Senior Investment Group Completes $435M Seniors Housing Portfolio Acquisition, $670M Financing

NEW YORK — New Senior Investment Group Inc. (NYSE: SNR), a New York-based seniors housing REIT, has completed the previously announced acquisition of 17 independent living seniors housing properties from affiliates of Hawthorn Retirement Group for approximately $435 million. The acquisition was funded with cash on hand and proceeds from...