RiseBoro Sells Brooklyn Skilled Nursing Facility for $59M

RiseBoro Community Partnership has sold Buena Vida Continuing Care and Rehabilitation Center in Brooklyn, N.Y., for $58.8 million, public records show. Entities affiliated with TL Management and Fortis Business Holdings purchased the 240-bed skilled nursing facility and received $40 million in acquisition financing from People’s United Bank. Completed in February of 2001, the facility provides long-term care and short-term rehabilitation through on-site attending physicians and consultant specialists, round-the-clock registered nurses and rehabilitation therapy.

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Source: https://www.multihousingnews.com/post/riseboro-sells-brooklyn-skilled-nursing-facility-for-59m

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