Arcapita Group sold a real estate investment portfolio of more than 16 nursing home communities and approximately 4,000 apartment units across the United States to NorthStar Healthcare Inc, a real estate investment trust, in a deal worth a total of $640 million.

Arcapita's CEO, Atef Ahmed Abdulmalik, said he was pleased with the transaction. Arcapita's Chief Executive Officer, Atef Ahmed Abdulmalik, expressed his pleasure with this transaction, describing it as «part of a series of profitable exits for Arcapita over the past two years with total proceeds to its investors totaling $3 billion,« noting that this portfolio is Arcapita's fifth successful exit in the nursing home sector.

The Group's Chief Investment Officer, Atef Ahmed Abdulmalik, said that the transaction is the fifth successful exit for Arcapita. Martin Tan, Arcapita's Chief Investment Officer, explained that U.S. nursing home real estate has outperformed other real estate asset classes, and demand is driven by a number of factors including the aging baby boomer generation, widespread awareness of the value of excellent nursing homes, and the general recovery of the U.S. housing market.

Arcapita's Chief Investment Officer, Martin Tan, explained that nursing home real estate in the U.S. has outperformed other real estate asset classes, and demand is driven by a number of factors including the aging of the baby boomer generation.