Manning Gardens Nursing & Rehab Facility deal closes
A deal to sell Manning Gardens Nursing & Rehab Facility in Fresno, CA, has closed, Shep Roylance of JCH Senior Group announced.
Roylance represented the buyer, a Los Angeles-based skilled nursing owner / operator. The deal, first announced in 2012, was renegotiated and turned into an outright sales leaseback transaction. A capital improvement budget of $500,000 was included in the transaction.
Built in 1958, Manning Gardens is a 14,777-square-foot facility that sits on 2.22 acres in Fresno County.