Trying Out Transitional Care

Joint venture partners Harrison Street Real Estate Capital and Pisula Development Company (the development arm of RRC Medical Real Estate LLC) are venturing into the transitional care/skilled nursing space with the acquisition of a brand-new facility in Conroe, Texas. Featuring 150 beds in two stories, the transitional care facility was developed in late 2016 by the seller, an in-state developer relatively new to senior care, on about three acres adjacent to the 342-bed Conroe Regional Hospital Campus. We have historically known Harrison Street as a seniors housing investor, and Pisula Development has mostly focused on medical office buildings. But they have partnered with OnPointe Health,... Read More »