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Skilled Nursing Dealbook: Welltower-Affiliated Nursing Homes Sell for $82.4M; Multi-State Deal Secures $51.2M in Financing
Two Welltower-affiliated nursing homes in Virginia were sold for $82.4 million to New York-based Hill Valley Healthcare. Separately, Capital Funding Group provided $51.2 million in bridge loan financing for the acquisition of four skilled nursing facilities across Colorado, Alabama, and Arizona. The article also details other transactions including the sale of a Wisconsin nursing and rehabilitation center, the disposition of three Boston-metro SNFs by a private equity investor, and a skilled nursing facility bankruptcy sale in Washington.