A New York-based investment firm purchased four skilled nursing facilities in Worcester County, Massachusetts. Vantage Point Capital, LLC, a real estate investment firm with a focus on the healthcare and multifamily sectors, made the purchases through a subsidiary, which totaled around $40.4 million, or $68,600 per bed, according to local news sources.
The acquisition includes the 162-bed Parsons Hill Nursing & Rehabilitation Center in Worcester, the 135-bed Webster Manor Rehabilitation & Health Care Center in Webster, the 96-bed Lanessa Extended Care also in Webster and the 196-bed Marlborough Hills Rehabilitation & Health Care Center in Marlborough. All were previously owned by the Connecticut-based senior care provider Athena Health Care Systems.
