SLIB Negotiates Sale of 132-Bed Homestead of Sherman in Texas

SHERMAN, Texas — Senior Living Investment Brokerage (SLIB) has arranged the sale of Homestead of Sherman, a 132-bed skilled nursing facility in Sherman, approximately 65 miles north of Dallas. The community totals approximately 39,211 square feet on a five-acre plot.…

SLIB Brokers Sale of 120-Bed Cathedral Care in Jacksonville

JACKSONVILLE, Fla. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Cathedral Care, a 129-bed skilled nursing facility in Jacksonville. The seller was looking to divest the standalone community. A national owner with operations in Florida acquired the…

Blueprint Negotiates $8.7M Sale of Vacant Mainstreet Property in Texas

TEXAS — Blueprint Healthcare Real Estate Advisors has brokered the sale of a vacant, 70-unit asset in Texas. Mainstreet originally developed the healthcare property, but did not fully complete construction prior to being foreclosed upon. The property was developed to…

Ensign Group Acquires Two Skilled Nursing Facilities in Colorado

BRIGHTON and NORTHGLENN, Colo. — The Ensign Group Inc. (NASDAQ: ENSG) has acquired the operations of Brighton Care Center, a 108-bed skilled nursing facility located in Brighton, and Malley Transitional Care Center, a 162-bed skilled nursing facility located in Northglenn.…

Keep a Five-Star Rating with Recruitment, Retention

CMS shifts have added regulatory pressure to staffing urgency. Take a new approach.  By Rishabh Parmar It is no secret that staffing shortages have consistently plagued skilled nursing facilities (SNFs), impacting patient care and staff satisfaction. But recent changes in…

Pennant Acquires Home Health Agency in Kenosha, Wisconsin

KENOSHA, Wis. — The Pennant Group Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice, home care and senior living companies, has acquired the assets of Kenosha Visiting Nurse Association Inc., which provides skilled…

Strawberry Fields REIT Officially Goes Public

SOUTH BEND, Ind. — Strawberry Fields REIT, a South Bend-based owner of skilled nursing facilities, assisted living facilities and long-term acute care hospitals in the Midwest and South, has begun trading on the OTC Markets Group Inc. under the symbol…