Morgan Stanley (MS) and MorningStar Senior Living announced that investment funds managed by Morgan Stanley Real Estate Investing have acquired a MorningStar senior housing portfolio from Kayne Anderson Real Estate for $305M. The portfolio is comprised of 463 units across three communities near Denver. MorningStar will continue to operate the communities.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MS:
- Walmart Stock (WMT) Flattens as Tariffs Warning Overshadows ‘Supercharged’ Thanksgiving
- Bank of America (BAC) Recommends Investors Allocate 4% of Their Portfolio to Bitcoin
- Morgan Stanley faces EUR 101M fine in Netherlands over dividend tax evasion
- Meesho Set to Launch $605 Million IPO
- Morgan Stanley (MS) Gets Slapped with a Huge Fine from Dutch Prosecutor