Tryko Partners Expands in Pennsylvania
In an effort to expand its greater Philadelphia real estate presence, Tryko Partners has acquired Attleboro Community, a 415-bed CCRC in Bucks County, Pennsylvania. Wilmac Corporation sold the 18-acre community, which has been rebranded as Oxford Enhanced Senior Living. The campus’ skilled nursing facility, Oxford Rehabilitation and Healthcare Center, has a five-star rating from CMS. This campus also includes an assisted living and memory care component, along with independent living apartments. Tryko has planned a significant value-add capital project for the property to bolster its appeal as a high-quality community. Oxford’s primary referral sources for sub-acute admissions... Read More »
Tryko Grows Garden State Portfolio
Tryko Partners added to its New Jersey portfolio with the acquisition of one skilled nursing facility and one assisted living/memory care community in Little Egg Harbor on the Jersey Shore. Owned and operated by a husband-and-wife team for more than 30 years, the properties will receive immediate capital improvements under the new ownership. Built in 1985, Seacrest Village is a 171-bed, three-story skilled nursing facility that carries a five-star designation with CMS. It will be renamed The Terraces at Seacrest Village. The Terraces, built in 2013, is a two-story assisted living/memory care community with 88 units. Tryko’s affiliate Marquis Health Consulting Services will take over... Read More »
Tryko Partners Grows in the Garden State
Tryko Partners is adding to its Northeast portfolio with the acquisition of a large skilled nursing/assisted living facility in Allendale, New Jersey. Family-owned for more than 50 years, The Allendale Community for Senior Living features 299 beds and 146,000 square feet of skilled nursing, assisted living and memory care services. It primarily drew referrals from Hackensack University Medical Center in Hackensack and Hackensack University – Pascack Valley Medical Center. Tryko is planning a significant capital improvement project for the community, which should increase its appeal and hospitality focus. Tryko also has several nearby operations that give it a local scale, including Oakland... Read More »
Tryko Adds to Rhode Island SNF Portfolio
Tryko Partners added to its Rhode Island skilled nursing portfolio with the acquisition of a 120-bed facility in North Kingstown. Named Scalabrini Villa, the one-story facility is set on a bucolic property facing Narragansett Bay. The Brown family (Brown University’s namesake) donated the site to Rhode Island Hospital, which operated a children’s hospital there for decades. Then in 1956, Bishop John Baptist Scalabrini purchased the property, opening The Bishop Scalabrini Home for the Aged, which provided senior care services to the community. The current SNF opened in 1994 and now features two 60-bed units, each with 12 private rooms and 48 semi-private rooms.... Read More »Schedule a demo
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