Ensign’s Three-Building Pickup; CIBC’s $34M Skilled Nursing Loan

The Ensign Group (Nasdaq: ENSG) kicked off 2021 by acquiring the operations of three skilled nursing facilities in Southern California with 99 beds apiece: Golden Hill Post Acute in San Diego, St. Catherine Healthcare in Fullerton, and Camino Healthcare in Hawthorne. The transaction closed on New Year’s Day, and the San Juan Capistrano, Calif.-based Ensign […]

CareTrust Grows with Eduro in $16.5M Off-Market Deal; Houston SNF Sells for $4.3M

The Villa Toscana at Cypress Woods, a 120-bed skilled nursing facility in a Houston suburb, was sold to the SNF-focused private equity firm O&M Investments for $5.3 million. The transaction was handled by the Chicago-based senior living brokerage firm Heavenrich & Company on behalf of a publicly traded real estate investment trust (REIT) and owner-operator […]

Eduro Takes Over Two Dycora SNFs in California; $1.5M Texas Turnaround

A pair of properties formerly operated by the troubled Dycora Transitional Health and Living chain in the Golden State have a new owner. Eduro Healthcare entered the California market with the acquisition of the two former Dycora properties in Fresno and Stockton, Calif. Michael Bewsey, managing partner at the Salt Lake City-based Eduro, characterized the […]