Superior Living Foundation, Inc., a Maryland-based nonstock, nonprofit organization dedicated to providing affordable inpatient and outpatient healthcare, residential, and housing services to vulnerable populations, has completed the acquisition of 14 skilled nursing facilities in eastern Texas. The transaction, valued at approximately $250.2 million, was finalized on Tuesday, March 11, 2025. The seller, a private owner-operator, will continue managing the facilities under the terms of the agreement. The acquisition was financed through a public offering of approximately $247.3 million in tax-exempt bonds together with private debt that was purchased by the seller.
Read the full article: Superior Living Foundation, Inc. Acquires 14 Skilled Nursing Facilities in Texas for $250.2M //
Source: https://www.prweb.com/releases/superior-living-foundation-inc-acquires-14-skilled-nursing-facilities-in-texas-for-250-2-million-302404340.html