SPRINGFIELD, Pa. — Tryko Partners has purchased the Harlee Manor and Springfield Commons skilled nursing campus in Springfield, approximately 12 miles west of downtown Philadelphia.
Located on more than six acres, the property totals 173 skilled nursing beds and personal care units. It will be rebranded as Springfield Rehabilitation & Healthcare Center and Springfield Crossings. The acquisition price was not disclosed.
Tryko is planning to immediately start a $2.5 million improvement plan for both the physical plant and programming.
Tryko Partners’ regional portfolio includes three additional skilled nursing facilities in Philadelphia and Yeadon.
“[This acquisition] is a natural expansion move in an appealing market — one that we know well and in which we have established relationships with leading healthcare providers,” says Uri Kahanow, director of acquisitions. “Despite the recent challenges this industry has faced during the global coronavirus pandemic, our commitment to it continues unabated.”
Marquis Health Services, Tryko Partners’ healthcare affiliate, will operate the property. M&T Bank provided acquisition financing.