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Vintage Senior Housing Buys California Facility for $50M

Investor Sells Avalon Las Palmas Community in Laguna Woods
By Michael De Castro
March 6, 2007 | 10:28 AM

Vintage Senior Housing purchased the 179-unit assisted living/retirement community at 24962 Calle Aragon in Laguna Woods, CA, from Renaissance Senior Living for $50 million, or about $279,330 per unit. The complex was more than 90% occupied at the time of sale.

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