Summit acquires 4 communities in $18.4 million deal

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Summit Healthcare REIT has acquired four assisted living and memory care communities in Wisconsin. The properties, in Green Bay and Appleton, were purchased for about $18.4 million.

The communities, with a total of 125 units, will be operated by an affiliate of Compass Senior Living, headquartered in Eugene, OR. Compass also operates another property in the REIT's portfolio.

In Focus

July 18

A truckload of charity

Gainesville, FL 

The Village at Gainesville recently donated a truckload of used appliances from its residences to the Bread of the Mighty Food Bank.

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