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.
Skilled Nursing
SYRACUSE, N.Y. — Arbor Realty Trust Inc. (NYSE: ABR), a real estate investment trust and direct lender, has provided a $41.7 million bridge loan for the acquisition of James Square Health and Rehabilitation Center, a 440-bed skilled nursing facility in Syracuse.