HealthLease purchase completed
CFG Capital Markets, the investment banking platform of Capital Funding Group, announced it was an advisor on a $141.7 million portfolio. The HealthLease Properties Real Estate Investment Trust made a purchase of four skilled nursing facilities, one standalone memory care facility, and and eight assisted living/memory care facilities in North Carolina, Virginia and Pennsylvania, the company said. The acquisition had a total of 978 beds.
CFG uncovered “a transaction that had not been previously contemplated. … With an average age of less than 4 years old, this acquisition was a perfect fit with HealthLease's existing premier portfolio,” said Zeke Turner, chairman and CEO of HealthLease.