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Just Sold: California REIT pays $7.2M for nursing home

Robert Letich retired in connection with the Dec. 1 closing on the $7.17 million sale of the Camden Care Center in north Minneapolis to a California real estate investment trust.

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Top Commercial Transactions: Assisted living centers sell in Minnetonka,...

Champlin Shores, an assisted living community in Champlin, sold for $29 million and Minnetonka Assisted Living in Minnetonka sold for $7.2 million on Dec. 6.

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Just Sold: 72-unit senior living complex to be built in Ramsey

First Phoenix Group, a company launched in Wisconsin and now based in Minnetonka, plans to start construction in March on its third project, a $14 million, 72-unit senior living complex in Ramsey.

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