NEW YORK CITY — Meridian Capital Group, a debt broker based in New York, has arranged $135.5 million in loans for Continuum Healthcare to refinance a six-property portfolio of skilled nursing homes in New Jersey and Pennsylvania.
FORT WORTH, Texas — Blueprint Healthcare Real Estate Advisors has brokered the sale of Southwest Nursing & Rehabilitation Center and West Side Campus of Care, both skilled nursing facilities in Fort Worth, for $27.5 million.
LIBERTY, Mo. — Senior Living Investment Brokerage has arranged the $2 million sale of an undisclosed skilled nursing facility in the Kansas City suburb of Liberty.
FLAGSTAFF, Ariz. — Welbrook Senior Living has started construction of a 50-bed skilled nursing facility in Flagstaff. Services at the facility will focus on transitional rehabilitation. Development costs were estimated at $13 million.
NAMPA, Idaho — CareTrust REIT Inc. (NASDAQ: CTRE) has made a $2.2 million preferred equity investment with Cascadia Healthcare LLC to fund the construction of a 99-bed skilled nursing facility in the Boise suburb of Nampa.
WAYLAND, Mass. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Wayland Nursing and Rehabilitation Center, a 40-bed skilled nursing facility in the Boston suburb of Wayland, for an undisclosed sum.
RIVERBANK, Calif. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Riverbank Nursing Center, a 99-bed skilled nursing facility in Riverbank, approximately 90 miles east of San Francisco.
PETALUMA, Calif. — CareTrust REIT Inc. (NASDAQ:CTRE) has acquired The Oaks, a 59-bed skilled nursing facility in the San Francisco suburb of Petaluma, for $6.9 million.
MIDLAND, Texas — Senior Living Investment Brokerage has brokered the sale of an unnamed skilled nursing facility in the West Texas city of Midland for $2.9 million.
IRVINE, Calif. — Sabra Health Care REIT (NASDAQ: SBRA) plans to sell off 29 of its 78 skilled nursing facilities currently managed by Genesis Healthcare Inc.