Property Types Seniors Housing
Forest City Completes Sale of Sterling Glen of Rye Brook to Atria Senior Living
Feb 3, 2009

Forest City Enterprises Inc. completed the sale of the Sterling Glen of Rye Brook supported-living community to Atria Senior Living Group. The 168-unit facility is located in Rye Brook, N.Y., in southern Westchester County. The selling price was $70 million and the transaction generated $23 million in pre-tax proceeds.

 
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