Transactions & Financings: Saber Takes on 6 Facilities; Ensign Adds 2 SNFs

Senwell advises on sale of 6 facilities to Saber Healthcare Senwell Senior Investment Advisors advised sellers on the sale of six facilities in North Carolina, made up of 691 licensed beds divided between five skilled nursing facilities and one assisted living facility, located across North Carolina. The sellers wanted to transition the property to a […]

Saber Snaps Up 10 Nursing Homes in Pennsylvania, Plans Multi-Million Upgrades

Saber Healthcare Group took over the operations of 10 Pennsylvania nursing homes from the non-profit Oak Health & Rehabilitation Centers, Inc. Affiliates of Formation Capital will remain the landlords of the facilities. The Philadelphia Inquirer first reported on the transaction. The lease structure with the Cleveland-based Saber is “entirely new,” with an initial term of 10 years, […]

Saber Healthcare Makes Major Telehealth Push at 88 Facilities

Saber Healthcare Group has implemented its first telemedicine program, in partnership with TeleCare Partners Group (TPG). The program will be rolled out to Saber’s 88 skilled nursing facilities in Ohio, Pennsylvania, Florida, Indiana, North Carolina and Virginia. The program launch started in the first week of October, with a total of 28 facilities folded into the program so […]