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Royalton Place Sells for $3.84 Million

Tenant-In-Common Owners Buy 79-Bed Independent Living Facility
By Vicki Sevel
September 28, 2006 | 4:12 P.M.

In a 1031 exchange, Royalton Owner 2,3,4, & 5 LLC acquired the 79-unit Royalton Place in Portland for $3.84 million, or about $48,608 per bed.

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