Chicago, IL (October 18, 2017) – Birchwood Health Care Properties, LLC (“Birchwood HCP”) is pleased to announce the acquisition of an approximately 100-bed skilled nursing facility in eastern North Carolina and a 155-bed skilled nursing facility in Ennis, TX (approximately 35 miles south of Dallas). The acquisitions were completed in two distinct transactions with different sellers. Each facility represents Birchwood’s first community in both states. The aggregate total transaction value was approximately $11.5MM for the two communities.
About Birchwood HCP
Birchwood HCP is a Chicago-based health care real estate private equity firm with a primary focus on senior housing and skilled nursing communities. With deep industry relationships, access to capital and entrepreneurial structuring capability, Birchwood intends to capitalize on the highly fragmented and dynamic nature of the industry through ongoing acquisitions and development.