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Merchants Hospitality Closes on a Five-Property Manhattan Portfolio

NEW YORK, — Merchants Hospitality, Inc. has closed on a $112 million acquisition of a five-property residential portfolio in Manhattan. Merchants Hospitality assembled the site from five unrelated property owners over a two-year period. The entire assemblage was acquired in an all cash transaction. Handel Architects and Merchants Hospitality designed …

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Brookdale Announces Second Quarter 2015 Results

NASHVILLE, Tenn., Brookdale Senior Living Inc. (NYSE: BKD) (“Brookdale” or the “Company”) today reported financial and operating results for the second quarter of 2015. Highlights included: Cash From Facility Operations (“CFFO”) of $0.60 per share for the second quarter of 2015, a decline from $0.63 per share in the first …

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