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Health Care REIT Closes $3.4B Purchase of Sunrise
2013-01-10 03:20:00| National Real Estate Investor
TOLEDO, OHHealth Care REIT Inc., based here, said Wednesday that it has closed its $3.4 billion acquisition of Sunrise Senior Living Inc., but will be acquiring additional joint venture partner interests in Sunrise properties, for a total of $900 million, by July. The $4.3 billion investment is expected to include 120 wholly owned properties and five joint venture properties. The average age of these properties is only eight years. According to Health Care REIT officials, these properties generate average monthly rental rates that are nearly 100 percent higher than the national average because they are located in markets with high concentrations of age and income-qualified elderly, affluence, and significant barriers to entry. These sites are in London, southern California, Chicago, Philadelphia, Boston, Washington D.C., and Montreal.
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More Good News from Fiscal Cliff Wrap Up: Equipment Purchase Tax Breaks
2013-01-10 03:15:10| AutomotiveDigest.com - Automotive Industry News
More details are coming out on the huge deal made in Washington to keep America from falling off the fiscal cliff. One of them was a significant tax deduction on equipment purchases made during 2013 that will make a real difference with fleets. Included in the tax deal is an extension of the bonus deprecation [...]The Article More Good News from Fiscal Cliff Wrap Up: Equipment Purchase Tax Breaks appeared first on AIN Media.
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Bergman, Gottesman Join Forces to Purchase Aspen Corporate Park in Woodbridge, N.J.
2013-01-10 01:44:00| National Real Estate Investor
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Avis Purchase of Zipcar Has Much to Say about Changing World of Ground Transportation
2013-01-07 21:15:36| AutomotiveDigest.com - Automotive Industry News
The changing landscape of transportation got more interesting in this new year with the announcement that rental car giant Avis is buying the largest car sharing company, Zipcar, for $491.2 million. Zipcar started up in 2000 and has seen slow growth in this niche industry where more major competitors have been entering in recent years. Zipcar now [...]The Article Avis Purchase of Zipcar Has Much to Say about Changing World of Ground Transportation appeared first on AIN Media.
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Report: China's sovereign wealth fund in negotiations on possible purchase of Daimler stake
2013-01-07 11:48:32| Auto Dealers - Topix.net
China's sovereign wealth fund is in talks about possibly buying a stake in German luxury automaker Daimler AG, the country's main Communist Party newspaper reported.
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