At the end of a busy year of acquisitions, Stacked Stone Ventures announced one more on New Years Eve. The San Clemente, California-based real estate investment firm acquired two skilled nursing facilities in a joint venture with Praxis Capital for $8.25 million, or $43,200 per bed. The facilities feature a total of 191 skilled nursing and assisted living beds. They were added to an existing master lease with Accura Healthcare in Iowa. Oxford Finance helped fund the deal.
The transaction caps an active year for Stacked Stone and Praxis, which together acquired 11 skilled nursing facilities, nine assisted living/memory care communities and one CCRC in 2025. The purchases totaled nearly $130 million, featuring mostly value-add facilities in the Midwest. See more on those deals on LevinPro LTC.
