Newswires
AAC in Big Facility Sale Leaseback Deal With Medical REIT

08/09/2017 - ATIN- In a type of transaction known as a sale leaseback, often used by companies to unlock liquidity from fixed assets like real estate. publcly traded American Addiction Centers has sold a number of its residential and outpatient properties to a medical REIT and enterted into lease agreements with the REIT, raising $25M.

AAC CEO and founder Michael Cartwright was not immediately available for comment.

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