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JV Aquires Former Health Care Facility for $116M

Allure Group Sells Rivington House Health Care Facility
By Chris Ulrich
March 2, 2016 | 8:15 P.M.

Slate Property Group, a New York-based owner, operator and developer of residential and commercial real estate, along with Adam America Real Estate and Vanke Holdings USA, acquired the Rivington House in New York, NY from The Allure Group for $116 million, or about $800 per square foot.

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