Sunrise snaps up Gracewell Healthcare

Sunrise Senior Living has acquired Gracewell Healthcare and its estate of 11 care homes for £153m.Under the deal, the high-end homes have been purchased by Sunrise’s parent company Health Care REIT (HCN), which owns a 24% stake in the US-based operator. Gracewell’s management company has been acquired directly by Sunrise, which will take over the…