Meridian Foresight Management sells SNF
Meridian Foresight Management Services has sold a skilled nursing facility, called Shasta View Nursing Center, in Weed, CA.
Once the facility loses its special facility focus, the new operator will exercise its option to purchase Shasta for $4.13 million.
The facility was sold to an Oregon-based operator and facilitated by Shep Roylance of JCH Senior Housing Group.
The 59-bed nursing center is both Medicare and Medi-Cal certified. Throughout 2015, the ownership of Meridian Foresight Management had decided to sell its entire portfolio, which is completed with the sale of Shasta.