Westchester General Hospital, which does business as Keralty Hospital in Miami, was sold to a group that primarily operates nursing homes. Doral-based Sanitas USA sold the 125-bed hospital at 2500 S.W. 75th Ave. to Coral Terrace Hospital, managed by Bent Philipson and Leo Friedman, who both own multiple nursing homes and assisted living facilities in New York and Florida. Miami-based investment bank Cassel Salpeter & Co. said it represented the buyer in the deal, but declined to disclose the financial terms or say what the buyer would do with the property.
Read the full article: Miami-Dade Hospital Sold to Nursing Home Operators //
Source: https://www.casselsalpeter.com/in-the-news/miami-dade-hospital-sold-to-nursing-home-operators/