Coronado Ridge Skilled Nursing and Rehabilitation Center, based in Nevada, was sold for $33M, while Forest Healthcare Properties brokered three separate portfolio sales involving a total of 20 facilities in Kentucky and Ohio. $33 million sale of Nevada Nursing Home JLL Capital Markets completed the $33 million sale of Coronado Ridge Skilled Nursing and Rehabilitation Center, […]
JLL Capital Markets
Investors appear to be less interested in the skilled nursing space, while other post-acute care settings like assisted living and independent living are increasingly sought after. Investors looking for SNF deals dropped drastically year-over-year in the last quarter of 2023, according to a seniors housing and care survey released by commercial real estate and investment […]
Mergers & acquisitions activity is expected to remain “exorbitant,” and “voluminous” in the second half of the year for the nursing home industry despite higher interest rates, with transfer times slowed slightly by state regulations. This is the view held by industry brokers who spoke to Skilled Nursing News on the state of current deal […]
Evans Senior Investments (ESI) assisted in the sale of a large Florida skilled nursing community. Built in the 1960s, the 200+ bed facility features semi-private or three bed wards. The community was operating at a loss at the time of marketing with occupancy at 41%, according to a news release. Prior to the pandemic, the […]
Subscribe
Receive industry updates and breaking news from SNN.