GRAVES COUNTY, Ky. — Senwell Senior Investment Advisors has arranged the sale of a 73-bed skilled nursing facility in the Purchase Region of Graves County, located in the southwest corner of the state near the Tennessee border. The seller was looking to exit in order to focus more attention on their core assets. A buyer expanding in the region acquired the property in an off-market transaction. Ben Bohland and Brandon Bohland of Senwell facilitated the transaction. The price and name of the facility were not disclosed.
Kentucky
Capital Funding Provides $14.5M Bridge Loan for Two Skilled Nursing Facilities in Southeast
by Jeff Shaw
EMPORIA, Va., and LOUISVILLE, Ky. — Capital Funding has provided a $14.5 million bridge-to-HUD loan to The Portopiccolo Group. The funds will be used to acquire one skilled nursing facility, Emporia Manor, and cross-collateralize it with another facility, Sycamore Heights Health and Rehabilitation. Emporia Manor is a 120-bed facility in Emporia, while Sycamore Heights is a 96-bed facility in Louisville. The Portopiccolo Group, a family owned private equity and investment management firm, will own both properties following the transaction. Clearview Healthcare Management operates Sycamore, while Accordius Health will operate Emporia. …
Older Posts