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Investment firm W.P. Carey & Co. through CPA:17-Global, one of its publicly held, non-traded REIT affiliates, has purchased the corporate headquarters of US Oncology in Woodlands, Texas, 30 miles north of Houston. CPA:17-Global purchased the 204,000 sq. ft. facility, which is leased to US Oncology on a long-term basis, for approximately $45 million. US Oncology is affiliated with 1,310 physicians operating in 493 locations in 39 states.

Silverwood Cos. based in Reston, Va., led a group of investors including David Mayhood of McLean, Va., in acquiring The Fields of Westover, a 305-unit low-income apartment community in Falls Church, Va. The new ownership plans to invest about $4 million to renovate the one- and two-bedroom apartments, bringing total acquisition and renovation costs to $35 million. The 12.4-acre property, comprising 60 two-story buildings, was built in 1952.

Ventas has acquired a portfolio of three Class-A medical office buildings totaling 1.6 million sq. ft. for $63.5 million. The buildings are located on hospital campuses of Alexian Brothers Health System and Adventist Health System, serving the major metropolitan markets of Chicago and Denver. Occupancy in the portfolio exceeds 99%. The average remaining lease term is eight years and the average age of the assets is five years.

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