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Morgan Stanley bets on demographic shifts with senior housing portfolio purchase

Acquisition includes eight properties, 1,300 units from Baltimore to Boston
Morgan Stanley's global headquarters is at the 1585 Broadway building in Manhattan. (CoStar)
Morgan Stanley's global headquarters is at the 1585 Broadway building in Manhattan. (CoStar)
CoStar News
December 18, 2024 | 7:22 P.M.

The real estate investment arm of Morgan Stanley has purchased a portfolio of high-end senior housing developments stretching from Baltimore to Boston as an increasing number of baby boomers enter their 70s.

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