Healthcare Transactions Group continued its prolificacy in the Maryland M&A market with the sale of two more Brinton Woods skilled nursing facilities in Baltimore. Previously owned and operated by Brinton Woods Management Company since 2007 and 2008, the facilities are located across the city from each other.
The East Baltimore SNF features a four-star rating and 225 beds, including a 16-bed ventilator unit. It draws most of its patients from MedStar Health and the Johns Hopkins Health System. In West Baltimore, the 82-bed SNF boasts a five-star rating and gets the majority of its patients from Lifebridge Health and the University of Maryland Health System.
A New York-based owner/operator is taking them over for an undisclosed price. Mark Davis handled the transaction.