California's CareTrust REIT buys St. Petersburg memory care facility

  • By Business Observer Staff
  • | 11:00 a.m. July 24, 2015
  • Tampa Bay-Lakeland
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BUYER: CTR Partnership LP (CareTrust REIT Inc.), San Clemente, Calif.
SELLER: SPALF Holdings LLC
PROPERTY: 3479 54th Ave N. and 3433 55th Ave. N., St Petersburg
PRICE: $8.42 million
PREVIOUS PRICE: $1.15 million, May 2010
LAW FIRM ON DEED: Sherry Meyerhoff Hanson & Crance LLP, Newport Beach, Calif.

 

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