DENTON, Md. — Healthcare Transactions Group Inc. has arranged the sale of Caroline Nursing & Rehab Center, an 87-bed skilled nursing facility, and The Gables, a 16-unit assisted living facility. The two locations are part of a single community co-located on 23-acre campus in Denton.
Mark Davis of Healthcare Transactions Group served as mergers and acquisition advisor to the sellers, charitable subsidiaries of the nonprofit Caroline Foundation. The buyer was a growing Maryland-based operator. Price and other details were not disclosed.