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Health Care REIT Acquiring Sunrise Senior Living Portfolio for $1.9 Billion

Acquisition Includes a Real Estate Pipeline of More Than $2 Billion
CoStar News
August 22, 2012 | 11:54 P.M.

Health Care REIT Inc. will acquire all of the outstanding common stock of Sunrise Senior Living Inc. for $14.50 per share in an all-cash transaction. The purchase price reflects a real estate value of $1.9 billion, of which $950 million will be paid in cash and the balance through the assumption of debt at an average interest rate of approximately 4.9%.

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