Skilled Nursing News April 2, 2025
Larger nursing home chains have been selective in making acquisitions amid an abundance of facilities for sale. However, now seems to be a good time for growth, as several industry players announced on Wednesday the acquisition of nursing homes and other long-term care assets.
Ensign and CareTrust partnered in a transaction involving a California-based campus with skilled nursing and residential units, with Ensign also acquiring a skilled nursing facility (SNF) in Washington. Meanwhile, Diverscare announced the completion of its acquisition of three skilled nursing facilities – two in Tennessee and one in North Carolina.
CareTrust-Ensign partnership
CareTrust REIT (NYSE: CTRE) announced the acquisition of two facilities in separate transactions with a total investment amount of approximately $55 million.
CareTrust...
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