Long Term Care Investments VI is pitching a $7 million skilled nursing facility in Merrillville, Indiana, the Times of Northwest Indiana reported. The development would include five residential buildings, each with 12 beds, a dining area, a spa and a beauty salon; 12 of the units in the development would be designated for dementia patients.
State approval is needed for all the units, Richard Anderson, an attorney representing Long Term Care Investments, told the publication.
If the facility receives approval from the town and the state, groundbreaking could take place in July, the Times said.
The new pitch marks the third time Long Term Care Investments has pursued a skilled nursing project at the Merrillville location; Long Term Care Investments had two previous attempts at constructing a larger, one-building site at East 93rd Avenue, according to the Post-Tribune.
New York Investor Snaps Up Ohio SNF
A 150-bed skilled nursing facility located in Franklin County, Ohio, was purchased by a New York-based private investor and regional operator. The seller was a private owner based in Florida, who deemed the property a non-core asset.
The facility had recently exited the Centers for Medicare & Medicaid Services Special Focus Facilities list, which names SNFs with a history of noncompliance and providing poor quality care. The sale was facilitated by Connor Doherty and Trent Gherardini of Chicago-based Blueprint Healthcare Real Estate Advisors.
New York SNF Renovates to Boost Ventilator Capabilities
The 112-bed Pathways Nursing and Rehabilitation Center in Niskayuna, N.Y., is conducting renovations to bolster its ventilator capabilities, The Daily Gazette reported.
The renovations include boosting the number of ventilator beds from eight – for adults only – to 24, including pediatric beds. The SNF has 20 patients in its pediatric wing that are ventilator-dependent, Pathways administrator Jeff Ruso told the publication.
Other renovations include a remodeled pediatric unit, traumatic brain injury unit, a new lobby and new common areas, Daily Gazette noted.
Companies featured in this article:
Blueprint Healthcare Real Estate Advisors, Long Term Care Investments VI, Pathways Nursing and Rehabilitation Center, The Daily Gazette, Times of Northwest Indiana
