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Shores of Lake Phalen Sold for $29.3M

Rand Corp Sells Assisted Living Facility
By Matt Kaplun
December 8, 2015 | 8:42 P.M.

CNL Healthcare Properties, Inc. purchased The Shores of Lake Phalen at 1870 E. Shore Dr. in Saint Paul, MN for $29.3 million, or about $377 per square foot.

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