Maryland-based Healthcare Transactions Group just closed the 23rd senior care transaction in its home state. For an undisclosed price, the firm arranged the sale of a 118-bed skilled nursing facility in Sykesville (about 20 miles northwest of Baltimore).

Formerly owned by a New Jersey-based private owner, the target was previously leased to Transitions Healthcare and operated under the Transitions brand. It was an older building, but the new owner plans to invest in major physical plant upgrades. That new owner turned out to be a Maryland-based owner/operator that operates seven other buildings in the state.