Diversicare Announces Acquisition of Operations of 2 Ohio Properties Diversicare Healthcare Services, Inc. (NASDAQ:DVCR), a provider of long-term care services, recently announced the assumption of operations at two facilities in Ohio. The transaction includes a 142-bed skilled nursing facility in Avon, Ohio, and a 42-bed assisted living facility in Ontario, Ohio. These facilities are expected […]
Capital Health Group
Capital Health Group acquired a regional portfolio of seven senior housing communities on December 31, 2013. The eighth asset in the portfolio will close upon the successful assumption of the Department of Housing and Urban Development loan currently encumbering the community. The portfolio was sold by joint ventures composed of private investors and public REITs […]
CNL Healthcare Trust, based in Orlando, Fla., has agreed to acquire five assisted living communities from affiliates of Capital Health Group, LLC, a senior housing developer and operator based in Media, Pa., according to a recent 8-K filing. Three of the communities are located in Maryland: The 69-unit Symphony Manor in Baltimore, the 74-unit Fredericktowne […]
Real estate brokerage firm Marcus & Millichap recently brokered the sale of five senior housing properties in three separate transactions with an aggregate sales price of $70.1 million. Ben Firestone and Jacob Gehl, out of the firm’s Chicago office, brokered the sale of three properties, Caley Ridge Assisted Living Community in Englewood, Colo., The Mansion […]
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