DigitalBridge To Sell Its Legacy Health Care Portfolio For $3.2 Billion To Highgate Capital Investments & Aurora Health Care Network

DigitalBridge agreed to sell its legacy health care wellness infrastructure business for $3.2 billion to Highgate Capital Investments and Aurora Health Network. DigitalBridge, formerly known as Colony Capital, Inc., is a global digital infrastructure real estate investment trust (REIT). The portfolio includes more than 300 facilities across senior housing, skilled nursing, medical office buildings, and hospitals. It also includes the DigitalBridge’s equity interest in and management of its sponsored non-traded REIT, NorthStar Healthcare Income, Inc.

The deal represents the final step in DigitalBridge’s digital transformation, which has seen six non-digital, legacy segments monetized in the . . .