Cushman & Wakefield handled the sale of a nine-property skilled nursing portfolio in Ohio, working on behalf of the private owner who was looking to shrink their presence in the business. Featuring a total of 884 beds, the portfolio was apparently operating around stabilized levels.
The buyer was undisclosed but was described as a regional operator with a significant presence in the state. Terms of the deal were also not disclosed but involved both cash and the assumption of debt. Richard Swartz, Jay Wagner and Dan Baker of Cushman & Wakefield handled the transaction.
