DENVER — Cappella Living Solutions, a Denver-based operator, has assumed management of 12 senior living properties across Texas, Colorado and the Midwest. The operational switch serves three separate ownership groups, and the communities serve more than 800 seniors.
Oklahoma
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 …
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