Business & Tech

Housing Group Sells Woburn Hospital

Hospitals in Woburn and Braintree were recently sold.

Senior Housing Properties Trust announced earlier this week that it entered into an agreement to sell a pair of hospitals facilities, including on in Woburn.

According to a press release by Business Wire, Woburn's New England Rehabilitation Hospital was sold along with Braintree Rehabilitation Hospital.



The properties were sold to a joint venture comprised of The Sanders Trust, LLC, of Birmingham, Ala., and Harrison Street Real Estate Capital, LLC, of Chicago, Ill. The total purchase was made for about $90 million.

To read more about the transaction, read the press release in its entirety.


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