Skilled Nursing

LEHIGH VALLEY, Pa. — Blueprint Healthcare Real Estate Advisors has arranged the sale of a 180-bed skilled nursing facility located in the Lehigh Valley region of eastern Pennsylvania.

CENTRAL ILLINOIS — Blueprint Healthcare Real Estate Advisors has arranged the sale of a three-property skilled nursing portfolio in Central Illinois.

NEW ALBANY, Ind. — Senior Living Investment Brokerage has arranged the sale of Lincoln Hills, a skilled nursing facility in New Albany, located just across the Ohio River from Louisville, Ky.

YEADON, PA. — Tryko Partners has acquired ManorCare Health Services at Mercy Fitzgerald Hospital, a 52,000-square-foot skilled nursing facility at 600 S. Wycombe Ave. in Yeadon, a suburb of Philadelphia.

ANNAPOLIS, Md. — Despite a severe flu season that should’ve put more patients into skilled nursing facilities, occupancy in the sector continued its years-long decline in fourth-quarter 2017, according to the National Investment Center for Seniors Housing and Care (NIC).

GRAND RAPIDS, Mich. — CareTrust REIT Inc. (NASDAQ:CTRE) has acquired a 464-bed, five-property skilled nursing portfolio in the Grand Rapids metro area for $41.5 million.

ALEXANDRIA, Va. —Avison Young has arranged the sale of the Mt. Vernon Nursing & Rehab Center, a 45,654-square-foot skilled nursing facility in the Washington, D.C. suburb of Alexandria, for $13 million.