Emerald Shelter Group Sells Skilled Nursing Assets

Ziegler, a specialty investment bank, is pleased to announce its role as exclusive sell-side advisor in the $67,000,000 sale (the “Sale” or the “Transaction”) of a portfolio of three skilled nursing properties (the “Properties” or the “Portfolio”) in Delaware owned by Emerald Shelter Group (“ESG” or the “Seller”). Two of the Properties are located in northern Delaware (Newark and Wilmington), while the third is located further south in Lewes, Delaware. The Portfolio was sold to a joint venture between a healthcare real estate-focused private equity group and a national senior housing/skilled nursing owner/operator group (the “Buyer” or “Acquirer”). The Portfolio consists of 430 Medicare and Medicaid certified skilled nursing beds and 43 independent living apartments.

Read the full article: Emerald Shelter Group Sells Skilled Nursing Assets //

Source: https://www.prweb.com/releases/ziegler_advises_emerald_shelter_group_on_sale_of_skilled_nursing_assets/prweb17053529.htm

Scroll to Top