Some nursing home operators may fear the push towards home-based care as direct competition, with their facilities still recovering from low occupancy rates caused by the pandemic. However, alternatives to traditional models — such as, Castell Health’s hospital-at-home program, which started in May 2020 and has admitted about 240 patients to date — have been […]
Synergy Health Centers
Dwight Capital pulled off a $7.75 million bridge loan for a pair of skilled nursing facilities in northwestern Tennessee: Douglas Health and Rehabilitation Center in Milan, Tenn. and Palmyra Health Care Center in Palmyra, Tenn. The two-SNF portfolio consists of 145 total units, with 73 skilled nursing beds at the Palmyra facility and a mixture […]
CareTrust REIT (Nasdaq: CTRE) on Tuesday announced the $9 million acquisition of the Oakview skilled nursing and supportive living campus in Mt. Carmel, Ill. The community features 90 skilled nursing beds and 38 supportive living facility beds, according to a deal announcement from the San Clemente, Calif.-based real estate investment trust (REIT). CareTrust will install […]
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