New firm for healthcare real estate launches

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Birchwood Health Care Properties, based in Chicago, has entered into the healthcare real estate industry, with a primary focus on investment in nursing homes and senior housing assets.

“We acknowledge operating a senior housing facility or nursing home is a 24/7 business, which gives operators little time to focus on their growth plan. Birchwood was founded to work with a select group of operators to supplement their growth efforts and provide them with entrepreneurial capital solutions,” said Isaac Dole, founder and managing principal. Dole is the former Managing Director of Acquisitions at Aviv REIT.