Bethesda Health Group divested a skilled nursing facility in Ellisville, Missouri, to a not-for-profit owner/operator based in New Jersey. Built in 1989 and renovated in 2010, Bethesda Meadow comprises 210 beds. Bethesda Health Group is divesting to streamline operations and focus on a combination of demand, need and efficiency to best care for St. Louis seniors.
The buyer was Green Tree Health Care, which previously purchased Heisinger Bluffs and St. Joseph’s Bluffs in Jefferson City, Missouri, in 2022. That deal featured a CCRC comprising 65 independent living units, 67 assisted living/memory care units and 110 skilled nursing beds. It was previously owned by Lutheran Senior Services. Eads Investment Brokerage had handled the 2022 transaction.
