This story was originally published by CalMatters. Sign up for their newsletters.
The private prison company CoreCivic has sold two of the largest immigration detention facilities in California to the U.S. Department of Homeland Security in a deal worth $1.5 billion, the company announced Monday.
Read more San José at a Stalemate With Its Largest City Employee Union
CoreCivic said it anticipates that the sale of the Otay Mesa Detention Center in San Diego County and the California City Detention Facility in Kern County will bring the company an estimated net proceeds of approximately $1.1 billion.
The sale closed on July 2, according to a recent filing with the U.S. Securities and Exchange Commission, with the federal government paying $739.2 million for the 1994-bed Otay Mesa facility and $732.6 million for the newly-opened 2,560-bed California City facility.
Read more San Francisco Celebrates Morning-After Pill for STIs. Other Countries Warn of Antibiotic Resistance
Read more Sunnyvale Man Deported to Mexico Sues Trump Administration