Canadian private investment firm Hillcore Group has acquired a portfolio of seniors living homes in New Brunswick from Atlantic Retirement Living Group. The deal, which closed at the end of 2017, reflected a purchase price of $70 million. The sellers were private owners-operators who have re-invested part of the sales proceeds back into the new venture as minority partners. The acquired portfolio consists of three retirement homes and three residential properties located in Dieppe and Moncton. Hillcore said it plans to expand the portfolio by acquiring similar seniors living assets across Atlantic Canada.