BIRMINGHAM, Ala. — Phoenix Senior Living has opened the sales trailer at one of its newest properties, The Bluffs at Greystone in Birmingham.
Alabama
Regional Health Properties Sells Three Skilled Nursing Facilities Nationwide for $24.1M
by Jeff Shaw
SUWANEE, Ga. — Suwanee-based Regional Health Properties (RHE) has completed the sale of three of four skilled nursing properties located in Oklahoma, Alabama and Georgia to affiliates of MED Healthcare Partners. The four-property transaction was previously disclosed by RHP in April. The three properties were sold for the purchase price of $26.1 million in cash. RHE and MED agreed to extend the closing date on the fourth property located in Oklahoma to Aug. 18. RHP used the cash proceeds from the sale to pay approximately $1 million in outstanding interest, fees …