Benchmark Senior Living Announces $890M Partnership with Health Care REIT

Benchmark Senior Living announced today that it has signed a definitive agreement to form an $890 million partnership with Health Care REIT, Inc. HCN, an S&P 500 company that invests across the full spectrum of senior housing and health care real estate. The partnership will include 34 Benchmark senior housing communities in six New England states, totaling 3,009 units. Benchmark Senior Living will become the largest operator in Health Care REIT's portfolio.