TOLEDO, Ohio — A joint venture between Cindat Capital Management Limited and Union Life Insurance, both Chinese investment companies, has completed its purchase of 75 percent interest in a Welltower-owned portfolio of 28 skilled nursing facilities.
PROVIDENCE, R.I. — Tryko Partners has acquired Elmhurst Extended Care, a 206-bed skilled nursing facility on the Roger Williams Medical Center campus in Providence. The purchase price was not disclosed.
CHICAGO — Blueprint Healthcare Real Estate Advisors, a Chicago-based brokerage, has arranged the sale of three skilled nursing facilities in Southeast Missouri for an undisclosed sum.
DOTHAN, Ala. — Methodist Homes of Alabama & Northwest Florida has completed construction of The Rehab Inn, a 16-unit rehabilitation expansion at Wesley Place on Honeysuckle, an assisted living, memory care and skilled nursing community in Dothan.
BALTIMORE — Capital Funding Group, a Baltimore-based lender, has provided loans totaling $39.4 million for Madison Creek Partners, a California-based owner of skilled nursing facilities.
VALHALLA, N.Y. — Monticello Asset Management has arranged a $20.3 million refinancing for a skilled nursing facility in the New York City suburb of Valhalla. The name of facility was not disclosed.
NIAGARA FALLS, N.Y. — Monticello Asset Management LLC has facilitated a $7.2 million bridge-to-HUD loan for a 160-bed skilled nursing facility in Niagara Falls. The name of the facility was not disclosed.
CORTLAND, N.Y., and WINFIELD, Ill. — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged two loans totaling $30 million for skilled nursing facilities near Syracuse, N.Y., and Chicago.
