Mid-Atlantic sells 8 SNFs
Timonium, MD-based Mid-Atlantic Health Care LLC has sold a portfolio of eight Pennsylvania nursing facilities. The sale was arranged by Healthcare Transactions Group, which announced the deal in June.
The portfolio was acquired and will be operated by Lakewood, NJ-based Mima Healthcare. The facilities include a total of 1,906 beds.
The deal did not include the real estate of the facilities, which is currently leased from a real estate investment trust. Terms of the sale are confidential, Healthcare Transactions Group said.