by Steph Mallozzi | Jun 18, 2024 3:56 pm | Acquisitions
The Prestige Group facilitated the sale of a vacant seniors housing community in Milford, Pennsylvania. In the early 1980s a local real estate entrepreneur purchased a former Milford high school and repositioned it to a 220-bed assisted living community. The building... Read More »
by Steph Mallozzi | Jun 14, 2024 3:09 pm | Acquisitions
Kauhale Health, a Midwest-based firm, announced its second acquisition in seniors housing with a deal in Greenville, South Carolina. Built in 2001, The Parker, comprising 66,765 square feet across 3.5 acres, features 74 assisted living and 17 memory care units. Within... Read More »
by Steph Mallozzi | Jun 14, 2024 3:08 pm | Acquisitions
Evans Senior Investments was brought on by Henry County in its divestment of a skilled nursing facility in Paris, Tennessee. Built in 2001, Henry County Healthcare Center comprises 136 beds across five acres. At the time of marketing, it was 43% occupied and cash-flow... Read More »
by Steph Mallozzi | Jun 14, 2024 3:05 pm | Acquisitions
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... Read More »
by Steph Mallozzi | Jun 14, 2024 9:10 am | Acquisitions
Developed in two phases in 2014 and 2020, Quail Park of Lynnwood comprises 252 units and sits on 15 acres in Lynnwood, Washington (Seattle MSA). The first phase featured 85 independent living/assisted living (ranging from 364 to 1,031 square feet) and 45 memory care... Read More »