Spectrum Professional Services Acquired by Beecken, Sunrise JVBeecken Petty O’Keefe & Company, a Chicago-based private equity firm that invests exclusively in health care companies, has acquired Maryland-based Spectrum Professional Services, a leading provider of rehabilitative therapy management and consulting services with more than 500 customers across the United States. Further investment in the transaction was provided by […]
Ide Management Group
Ide Management Group Sells Portfolio for $63 Million Ide Management Group has sold its portfolio of 19 communities located in Indiana and Iowa to a Midwest owner/operator for $63 million. The total portfolio included 1159 skilled nursing beds. Overall occupancy is 80% with approximately 12% Medicare and 10% private pay. A couple of the communities […]
Health Care REIT Sells Fla. Nursing Home for $9.16 Million Toledo, Ohio-based Health Care REIT sold a nursing home in September to Sarasota SNF Real Estate Investors, LLC, a subsidiary of Life Care Centers of America, for $9.16 million, according to the Herald Tribune. The REIT purchased the land for the 64,000-square-foot building for $560,000 in […]
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