Northwind Group, a real estate private equity firm and debt fund manager, announced multiple significant investments in the skilled nursing sector earlier this month in a move that underlines a favorable environment for deal making for large players. A portfolio of nursing homes owned by The Portopiccolo Group benefited from the provision of credit facilities […]
CareTrust REIT Inc.
CareTrust REIT Inc. (NYSE: CTRE) announced that it recently concluded two separate transactions on the West Coast, totaling an initial investment amount of approximately $45.2 million, involving the purchase of a skilled nursing facility and the provision of a mortgage loan secured by a California-based skilled nursing, assisted living, and independent living campus. On June […]
CareTrust REIT Inc. (NYSE: CTRE), along with a regional investor in healthcare real estate, acquired four skilled nursing facilities on the West Coast. The four-property acquisition includes 450 skilled nursing beds and 20 assisted living units. Links Healthcare Group, a new operator relationship for CareTrust, will operate the facilities pursuant to a 15-year master lease […]