IRVINE, Calif. — The HCP (NYSE: HCP) Board of Directors has approved the previously announced spinoff of the company’s HCR ManorCare skilled nursing and assisted living assets.
GREER, S.C. — Senior Living Investment Brokerage (SLIB) has arranged the $10.1 million sale of The Cottages at Brushy Creek, a 144-bed skilled nursing facility in the Greenville suburb of Greer.
LOCKPORT, N.Y. — Capital Funding Group, a lender based in Baltimore, has provided $6.7 million bridge loan for the acquisition of Briody Health Care Facility, an 82-bed skilled nursing facility in the Buffalo suburb of Lockport.
STAMFORD, Conn. — Benchmark Senior Living has partnered with The West Haven Medical Group to provide advanced practice registered nurse (APRN) services in the skilled nursing portion of Edgehill, a continuing care retirement community in Stamford.
CHICAGO — Blueprint Healthcare Real Estate Advisors, a brokerage firm based in Chicago, has arranged the sale of three skilled nursing facilities in Kentucky. The purchase price and names of the facilities were not disclosed.
MILLSBORO and SMYRNA, Del. — Blueprint Healthcare Real Estate Advisors has brokered the sale of two skilled nursing facilities in Delaware for $54.1 million.
METHUEN, Mass. — Tryko Partners has acquired Methuen Health & Rehabilitation Center for $7.5 million. Tryko immediately rebranded the facility as Cedar View Rehabilitation and Healthcare Center and launched a $2.5 million renovation plan.