Reliant CEO Talks Strategy, Behavioral Health Potential After $88M Sale

Reliant Care Management Group, based in Maryland Heights, Mo., had a busy summer. The company, which has 20 skilled nursing facilities and five assisted living facilities in Missouri and Illinois, recently executed a deal to sell the real estate of eight SNFs to Griffin-American Healthcare REIT IV, Inc. for $88.2 million. Reliant is staying on as […]

Greystone’s $15M Loan for Two Buildings; 50-Facility Texas Operator Grows

Greystone Closes $15M Bridge Loan for Two SNFs Real estate lending and advisory firm Greystone arranged $15 million in bridge funds to finance the purchase of two skilled nursing facilities in Youngstown, Ohio, the company announced Thursday. The Beeghly Oaks Center for Rehab and Healing and Oasis Center for Rehab and Healing changed hands with […]

Reliant’s $88M Portfolio Play; $28M HUD Loan for Illinois Facility

Reliant Named as Seller, Operator in $88M Griffin Deal Affiliates of Reliant Care Management Group sold a portfolio of eight skilled nursing facilities in Missouri to Griffin-American Healthcare REIT IV, Inc., and will stay on as operators going forward. Griffin-American first announced the $88.2 million deal in June, with the deal closing during the first week […]