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Patron Capital sells Gracewell Healthcare to Health Care REIT for £153m

Patron Capital Partners, the pan-European institutional investor focused on property-backed investments, has sold its Gracewell Healthcare business for £153m.
By James Wallace
August 14, 2014 | 7:55 P.M.

The company’s portfolio of 11 premium-quality seniors housing communities has been acquired by Health Care REIT (HCN) and the management company has been acquired by Sunrise Senior Living.

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