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
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 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 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 […]