PAONIA, GLENWOOD SPRINGS and ROCKY FORD, Colo. — Seniors housing owner/operator Grace Healthcare has officially exited all Western U.S. states with the $15.3 million sale of its final three skilled nursing communities in Colorado.
Skilled Nursing
Grace Healthcare Sells Three Skilled Nursing Facilities for $14.7M, Exits California and Arizona
by Jeff Shaw
MORAGA, Calif., PLEASANT HILL, Calif., and PHOENIX — Grace Healthcare has sold Grace Healthcare of Moraga, Grace Healthcare of Pleasant Hill and Grace Healthcare of Phoenix for a total of $14.7 million. The dispositions mark the owner-operator’s exit from the states of California and Arizona.
Popular Community Bank Closes $42.5M in Financing for Skilled Nursing Facility in Staten Island
by Jeff Shaw
NEW YORK CITY — Popular Community Bank, a subsidiary of Popular Inc. (NASDAQ: BPOP), has provided financing totaling $42.5 million for Richmond Center for Rehabilitation, a 372-bed skilled nursing facility in the Staten Island borough of New York City.