IRVINE, Calif — Sabra Health Care REIT Inc. (NASDAQ: SBRA) has completed the previously announced sale of 20 facilities leased to Genesis Healthcare Inc. in Kentucky, Ohio and Indiana for $103.3 million.
Skilled Nursing
ANNAPOLIS, Md. — Occupancy for skilled nursing facilities throughout the United States hit a five year low in the third quarter of 2017, falling to 81.6 percent, according to data released today by the National Investment Center for Seniors Housing & Care (NIC).
Capital Funding Group Closes Three Loans Totaling $47M for Skilled Nursing Facilities in the Northeast
by Jeff Shaw
NEW YORK and PENNSYLVANIA — Capital Funding Group (CFG), a Baltimore-based lender, has closed loans totaling $47 million for three skilled nursing facilities in New York and Pennsylvania. The borrower, property names, specific locations and other details of the properties were not disclosed.
Congress/Consigli Starts Construction of $60M Skilled Nursing Facility Near New York City
by Jeff Shaw
WHITE PLAINS, N.Y. — Congress / Consigli, a joint venture between Congress Building Corp. and Consigli NY, has started construction of White Plains Institute for Nursing and Rehabilitation and Skilled Nursing, a skilled nursing facility in the New York City suburb of White Plains.