Aviv REIT acquires long-term and post-acute treatment skilled nursing service in Kentucky Aviv REIT jelly form.

Aviv REIT acquires long-term and post-acute treatment skilled nursing service in Kentucky Aviv REIT, Inc jelly form read more . announced today it has obtained a post-acute and long-term care experienced nursing service in Kentucky for $9.3 million. The house is triple-net leased to existing Aviv tenant Diversicare Health care Services . Diversicare can be an operator of SNFs with 54 facilities in 9 states. The triple-net lease comes with an initial money yield of 10.25 percent, initial lease term of 15 years and an annual compounded escalator predicated on CPI.

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