Tryko Partners acquired New Eastwood Care & Rehabilitation Center in Easton and plans $500k in capital improvements to the therapy gym, rehab rooms, common areas, and patient rooms. Trykos director of acquisitions Uri Kahanow tells us skilled nursing investments consistently yield a 12-plus cap rate on average. However, unlike some sectors of real estate, the success of these assets relies not only on quality property operations but also on a focused commitment to providing top-notch healthcare, he says. This narrows down the pool of investors and creates opportunities for companies like ours, a third-generation skilled-nursing operator."
There ought to be a Moonlight Saving Time. Send ideas and suggestions to dees.stribling@bisnow.com
