Capital Senior Ventures made a bet on the Las Vegas skilled nursing market, acquiring a state-of-the-art skilled nursing facility in the city for an undisclosed price. Built in 2015, the facility is the last SNF owned by Kindred Healthcare. It consists of 160 beds, including 118 private and 21 semiprivate rooms. In addition to there being private showers in all patient bathrooms, there were some units with bariatric lifts as well.
Other amenities include multiple dining areas, a movie theater, four therapy gyms, outdoor courtyards and a transitional home therapy suite. Sounds like a Marriott we would want to move into. Plus, the facility is ideally located next to Spring Valley Medical Center, a 292-bed acute care hospital. Long story short, this facility has a lot going for it. Capital Senior Ventures, an affiliate of Capital Funding Group, is leasing the facility to Sapphire Healthcare Management. Mark Davis of Healthcare Transactions Group handled the sale, which marks the end of an era for Kindred’s presence in the SNF market.
