Compass Healthcare Buys Minn. SNF for $23.75M

Compass Healthcare, which rebranded the center as Lakehouse Healthcare and Rehabilitation Center, paid $23.75 million for a Walker Methodist skilled nursing facility in south Minneapolis, a 39-year-old facility. Walker Methodist owns and operates 18 senior living communities in Minnesota and Wisconsin. The company also closed three sales in 2022, including $4.5 million for Vista Prairie Communities, a 60-unit senior assisted-living and memory-care community.

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Source: https://skillednursingnews.com/2023/05/walker-methodist-sells-minn-snf-to-compass-healthcare-for-23-75m-caretrust-reit-grows-in-georgia-with-new-tenant-12-1m-investment

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