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Oxford Capital Group Acquires Eleven Minnesota Senior Housing Properties
Oxford Capital Group has acquired eleven seniors housing properties totaling 489 units in the Minneapolis area and northern Minnesota.
An affiliate of Oxford acquired the properties from an independent operator. Oxford’s senior housing management affiliate, Oxford Living US, LLC, will manage the properties. Oxford will invest several million dollars in the coming years, enhancing the properties and adding services in several of the properties as needed.
“Oxford Living has made targeted senior housing acquisitions and investments in a number of growing markets throughout the southeastern United States, the Pacific Northwest, and Canada, including Florida and Ontario,” said John W. Rutledge, Founder, Chairman & CEO of Oxford Capital Group. “Our Minnesota acquisition fits well into our acquisition strategy.”
Oxford Living focuses on high-private-pay senior housing properties in primary and important secondary markets throughout the United States and Canada.
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