Revera, Inc., a Canadian senior care operator, has at last completed the sale of its portfolio of Northeast skilled nursing facilities, with the sale of a struggling 96-bed skilled nursing facility in Barre, Vermont. The deal was a long time coming and part of a four-property portfolio, which included facilities in Connecticut, New Jersey and Massachusetts that sold in 2015 and 2016. The parties agreed that each transaction would close as change of ownership was approved, and Barre was the last one. The property has seen better days. Built in 1972, the single-story facility with a majority of semiprivate units was recently designated a special focus facility by CMS. Occupancy and the quality mix have fallen to 73% and 26%, respectively, and the asset was cash flow negative at the time of the sale. Its new owner, New York-based Priority Healthcare Group, has modeled its business on turning around struggling skilled nursing facilities. It should also help that Priority has been managing the property since last year. We do not have financials from that time, but we imagine operations have somewhat improved. Toby Siefert, Nick Cacciabando and Pat Byrne of Senior Living Investment Brokerage handled the transaction.