Skilled Nursing News September 8, 2021
DigitalBridge Group, Inc. (NYSE: DBRG), announced on Wednesday that it will be selling its wellness infrastructure business, which includes 83 skilled nursing facilities and other health care assets, in a transaction valued at $3.2 billion.
The global infrastructure REIT, formerly known as Colony Capital, announced its sale to an investment group composed of two real estate investment firms, Highgate Capital Investments and Aurora Health Network.
The real estate in the wellness infrastructure portfolio was previously valued at $3.3 billion and includes — as of May 2021 — a total of 83 skilled nursing facilities among a portfolio of more than 300 facilities across senior housing, skilled nursing, medical office buildings and hospitals.
The deal includes $316 million of net value...