Ensign Adds Two Skilled Nursing Facilities in Colorado; UPMC Offloads SNF to New York Owner-Operator

The Ensign Group (Nasdaq: ENSG) acquired the operations of two skilled nursing facilities in Commerce City, Colo., effective March 1, the provider announced Tuesday. The two SNFs, the 105-bed Ridgeview Post Acute and the 83-bed Irondale Post Acute, will be subject to triple-net leases. “We are thrilled to add these two operations to our growing […]

Final Standalone Kindred Skilled Nursing Facility Changes Hands

More than two years after announcing a plan to exit the skilled nursing space, former industry giant Kindred Healthcare has sold off the final remaining standalone SNF in its portfolio. The Louisville, Ky.-based operator sold Kindred Transitional Care and Rehabilitation — Spring Valley, a 160-bed property in Las Vegas, to Capital Senior Ventures on October […]

Meridian’s $241M Portfolio Deal in the Northeast; Optalis Healthcare Adds Five SNFs in Michigan

Meridian Capital Group this week announced its involvement in a 19-building skilled nursing portfolio deal that saw the New York City-based finance and investment firm provide $241 million in acquisition financing. The portfolio has a total of 2,175 beds, with locations in Massachusetts, New Hampshire, Pennsylvania, Delaware, Maryland, and West Virginia. Meridian’s managing directors, Ari […]

New York Investor Picks Up Pair in Baltimore; SLIB’s $13M SNF Sale in Nevada

A New York-based owner, operator, and investor picked up a pair of nursing homes in Maryland with the help of Healthcare Transactions Group. The Brinton Woods Post Acute Center and the Brinton Woods Health & Rehab Center at Arlington West were sold February 1, according to an announcement from Healthcare Transactions Group, a Reisterstown, Md.-based […]

Tryko Adds ManorCare Building in New Jersey; Sale-Leaseback in Chicago

Interra Brokers $6M Sale-Leaseback of SNF in Chicago’s West Loop Interra Realty brokered the sale-leaseback of Chicago skilled nursing facility Monroe Pavilion, located in the city’s West Loop, for $6 million, REBusinessOnline reported. The buyer, JK Equities, was represented by David Goss and Lucas Fryman of Interra. The seller, Symphony Post Acute Network, was represented by Jon […]

D.C. Post-Acute Continuum Sale; $9.87M Financing for Kentucky SNF Portfolio

Post-Acute Continuum in Washington, D.C., Sold to Brooklyn-Based Buyer Healthcare Transactions Group facilitated the sale of the assets of VMT Long-Term Care Management, Inc., a for-profit post-acute services continuum in Washington, D.C. The assets included the leasehold operations of the 230-bed Unique Residential Care Center skilled nursing facility and a Medicare- and Medicaid-certified licensed home […]

CareTrust Acquires $41.5M Portfolio, Lancaster Pollard Closes $11.9M Refinance

ESI Arranges $7.2M Sale of Pennsylvania SNF Evans Senior Investments (ESI), a real estate brokerage firm with locations in Chicago and Boulder, Colo., represented the sale of the 66-bed Bloomsburg Rehab & Wellness Center, a skilled nursing facility in Pennsylvania for $7.2 million, or $117,000 per bed. The buyer and the seller were publicly traded real estate investment […]

Transactions: More Details on Skilled Nursing Operator’s Philly Exit

Mid-Atlantic Health, Philly’s Largest SNF Operator, Exits  The Timonium, Md.-based Mid-Atlantic Health Care made headlines last week when it exited the Philadelphia market, where it had previously been the largest provider of skilled nursing services. Now, the broker that helped negotiate the deal released a few extra details about the transaction. MIMA Healthcare of Lakewood, […]