(MENAFN) Bahrain-based GFH Financial Group was announced to have penned a USD180 million agreement to purchase a U.S. Diversified Senior Healthcare Portfolio.
In a statement, the Bahraini company confirmed that the portfolio includes 6 properties set in California, Washington, and Michigan.
GFH affirmed that "the properties will be managed by JEA Senior Living, Senior Resource Group, and Independence Village, three best-in-class operators with strong management teams and investment track records in the US market."
"Senior Resource Group and JEA Senior Living have also co-invested alongside GFH and Madison Marquette in their respective portfolios," it added.
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