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Investor Pays $35 Million for Senior Living Facility in Orange County, California

Massachusetts Real Estate Investment Trust Sells 20-Unit Assisted, Independent Living Community
Meridian At Laguna Hills was built in 1974. (CoStar)
Meridian At Laguna Hills was built in 1974. (CoStar)

A healthcare and life-science-focused real estate investment trust has sold a Laguna Hills, California, senior living facility for $35 million as part of a larger restructuring plan to sell up to $900 million in assets.

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