CNH Finance announced a $3.5 revolving line of credit to a skilled nursing and rehab provider, to be secured by accounts receivable. The line of credit will support working capital needs for a newly acquired skilled nursing facility. The operator manages and operates more than 80 SNFs in 13 states, and expects to continue to […]
CNH Finance
Pennsylvania ManorCare Facility Purchased by Tryko Partners Brick, N.J.-based private equity group Tryko Partners purchased ManorCare Health Services at Mercy Fitzgerald Hospital in Yeadon, Penn., The Philadelphia Inquirer reported. The 129-bed nursing home was renamed Providence Rehabilitation and Healthcare Center at Mercy Fitzgerald. The price was not disclosed, but Tryko said it is planning a $2.5 million renovation […]