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Pinebrook Retirement Sells for $15.6M

Miller-Valentine Group Sells 125-Unit Community
By Deniz Babaoglu
January 13, 2014 | 9:01 P.M.

NorthStar Healthcare and The Freshwater Group purchased the Pinebrook Retirement community in Milford, OH, from Miller-Valentine Group for an aggregate total cost of $15.6 million, or about $124,800 per unit. The sale was for the loan held by a major bank with a principal balance of $16.1 million.

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