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Mergers/Acquisitions

LCS Acquires Arbor Glen CCRC in New Jersey

DES MOINES, IA–LCS announced today the company acquired Arbor Glen, a Life Plan Community, formerly referred to as a Continuing Care Retirement Community (CCRC) located in Bridgewater, NJ. At time of closing, the community’s name changed from Arbor Glen to Laurel Circle. LCS Real Estate facilitated the transaction, and Life …

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Tryko Partners/Marquis Health Services Expands Skilled Nursing Presence in Baltimore Region with Two Facility Acquisitions

CATONSVILLE and TOWSON, MD–Tryko Partners LLC has expanded its presence in the Baltimore-area skilled nursing community with the acquisitions of two facilities totaling 254 beds. Marquis Health Services, the firm’s healthcare affiliate, has assumed operations for Meadow Park Rehabilitation and Healthcare Center (formerly ManorCare Health Services Woodbridge Valley) in Catonsville …

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Altercare Completes Acquisition of Ohio-based Greystone Healthcare Management facilities with the inclusion of Cambridge & Coshocton centers

NORTH CANTON, OH–Altercare Integrated Health Services (Altercare) completed their agreement to acquire the operations of eight Ohio-based centers managed by Greystone Healthcare Management on June 1, 2018, with the addition of two remaining facilities in Cambridge and Coshocton. The previous center locations include those in Adena, Newark (2), Somerset, Thornville, …

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The Ensign Group Acquires Texas Post-Acute Care Campus

MISSION VIEJO, CA–The Ensign Group, Inc. (NASDAQ:ENSG), the parent company of the Ensign™ group of skilled nursing, rehabilitative care services, home health care, hospice care and assisted living companies, announced today that it acquired the real estate and operations of Grace Presbyterian Village, a 26-acre post-acute care and retirement campus located …

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