Georgia Skilled Nursing Facility Sells for $7.3M; $25M SNF Opens in Kentucky

Southern Health Corporation of Ellijay, Inc., a subsidiary of SunLink Health Systems (NYSE American: SSY), sold its Parkside Ellijay Nursing Home and related real estate for about $7.3 million. The net proceeds, about $6.4 million, will be retained for working capital and general corporate purposes. SunLink expects to recognize a pre-tax gain of about $2.1 […]

Blueprint Announces Portfolio Sales; $1.5M Loan for CT Nursing Home Acquisition

Blueprint Announces Eight-Property SNF Portfolio Sale in Pennsylvania Blueprint Healthcare Real Estate Advisors announced the sale of an eight-property skilled nursing portfolio in southeast Pennsylvania with 1,050 beds; some of these facilities offered high-acuity, specialty care. The seller sought to divest non-core assets, which included a portion of high-barrier-to-entry locations in the Philadelphia area, according […]

New Jersey Facility Snags $13.3M Refi; Centre Care Buys Land for 240-Bed SNF

Developer Hits Milestone on $60M SNF in White Plains, N.Y. The Congress Companies, based in Massachusetts, is building a $60 million, 160-bed skilled nursing facility in White Plains, N.Y., and celebrated a topping-off ceremony on June 12, the Westchester County Business Journal reported. The construction of the White Plains Institute for Healthcare & Rehabilitation is being led […]