Helios Healthcare Advisors announced it has structured the sale of a skilled nursing portfolio in western Missouri on behalf of a family owner/operator. The Tiffany Care Centers portfolio consists of six skilled nursing facilities with a total of 360 beds. The portfolio is centered around the Kansas City MSA, offering a buyer a clustered geographical market presence, with potential upside by way of Missouri transitioning its Medicaid program to a case-mix reimbursement system.
An East Coast-based owner/operator group emerged as the ultimate buyer of the portfolio. That same buyer entered the state through a separate portfolio acquisition in 2021. Bill Janis, Mario Wilson and Andrew Wittenauer of Helios Healthcare Advisors handled the transaction.
