PINE BLUFF, Ark. — Plains Commercial has arranged the lease of Davis West Nursing Home in Pine Bluff, approximately 45 miles south of Little Rock.
The exiting operator is a nonprofit that made the decision to exit the skilled nursing operating business. After the bidding process, the landlord chose a Chicago-based operator.
The facility was suffering from a depressed census that hadn’t fully recovered from COVID. Licensed for 177 beds, the facility offered the new operator significant upside through further lease-up and operational changes.
The Chicago-based operator is taking on its first facility in Arkansas with this lease.
Daniel Morris with Plains Commercial handled the transaction.