After Adding 21 SNFs, Optalis Leverages Scale to Innovate

The changing nature of the skilled nursing business has enabled Optalis Healthcare to gain scale, adding 21 facilities through three deals executed in the last year. “The business has changed a lot; it takes a lot more in terms of resource deployment,” Optalis CEO Raj Patel told Skilled Nursing News during an interview at the […]

Optalis Healthcare Acquires Vrable Healthcare in Latest Regional Growth Move

Optalis Healthcare has extended its reach across the state of Ohio over the course of the last year, most recently with a deal announced this week to acquire family-owned and operated Vrable Healthcare. This acquisition comes on the heels of the Michigan-based skilled nursing operator’s purchase of seven properties within The Macintosh Company portfolio earlier […]

Greystone Lands $12.75M in Acquisition Financing for Texas SNF; Optalis Healthcare Inks $81M, 7 Community Deal to Expand Ohio Presence

Greystone has provided $12,750,000 in bridge financing for the acquisition of a Texas skilled nursing facility. Highland Meadows Health & Rehab, a 120-bed SNF in Rockwall, Texas. Highland Meadows Health & Rehab, a 120-bed SNF in Rockwall, Texas, was acquired on behalf of HACO Properties, LLC. Greystone Vice President DJ Elefant originated the transaction and […]

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 […]