Tryko Partners Grows Again

A few weeks after HCR ManorCare filed a pre-packaged bankruptcy petition, yet another one of its skilled nursing facilities has been sold. This facility is located in Yeadon, Pennsylvania, which is outside of Philadelphia, and Tryko Partners was the buyer. Built in 1995, the 129-bed facility is located adjacent to Mercy Fitzgerald Hospital, which is […]

Pathway to Michigan

Jeff Binder, Brad Clousing and Ryan Saul of Senior Living Investment Brokerage represented a public REIT in their divestment of a Grand Rapids, Michigan-area assisted living/memory care community as part of a broader repositioning effort with its existing tenant portfolio. Built in 2001, the community is located in the town of Kentwood, about 10 miles […]

Senior Living Investment Brokerage Closes Two Southeast Sales

Toby Siefert and Brad Clousing of Senior Living Investment Brokerage teamed up to sell a 183-bed Washington, D.C. skilled nursing facility for $30 million, or a well above average $163,900 per bed. Built over 35 years ago adjacent to a local medical center, the facility had recently undergone $1.0 million in capital improvements, certainly lowering […]

TIC Investor Sells California Memory Care Community

A Southern California-based regional operator is heading north, to Petaluma (about 40 miles northwest of San Francisco), to acquire and take over management of a 40-unit memory care community. Previously owned by a TIC investor, who decided to divest the asset to realize their investment objectives, the community was built in 1996 on a 1.68-acre […]

New Owner At New Albany Skilled Nursing Facility

Ryan Saul of Senior Living Investment Brokerage facilitated the sale of a 156-bed skilled nursing facility in New Albany, Indiana, on behalf of the same investor he sold the property to roughly 10 years ago. Located across the Ohio River from Louisville, Kentucky, this one-story facility was built in 1974 with 152 beds. The current seller, TMV […]

Senior Living Investment Brokerage Makes It Happen In Mississippi

After developing and stabilizing its 40-unit assisted living community in Richland, Mississippi, a local owner/operator decided to exit the asset with the help of Daniel Geraghty and Bradley Clousing of Senior Living Investment Brokerage. The seller built the community in 2014 and licensed it for 55 beds in a mix of private and semi-private units. […]

Tryko Partners Purchases Another Philly-Area SNF

New Jersey-based private equity firm Tryko Partners, just added a third Pennsylvania property to its portfolio in a deal handled by Toby Siefert and Ryan Saul of Senior Living Investment Brokerage. Located near Philadelphia, the 129-bed skilled nursing facility was built in 1995 but recently received $1 million in capital improvements while under management by […]