On the Hunt for Nursing Homes

If youve got the cash and the expertise, nows the time to look for nursing homes. (To buy, not to settle in.) Tryko Partners director of acquisitions Uri Kahanow tells us that significant opportunities exist for well-capitalized, experienced nursing home operators who are willing to invest in facilities and staff. Todays climate rewards properties through better relationships with hospitals and the medical community, which translates to higher occupancies, he says. Its also important to maintain a family- and patient-oriented approach to providing care, and adapting to regulatory shifts. Tryko has begun work on a sub-acute wing of Kearsley Rehabilitation and Nursing Center in Philadelphia, which recently received a five-star rating from US News & World Report; only about one in five nursing homes receives that ranking.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Philadelphia Newsletters
Related Stories

Voorhees Greenlights 178-Unit Office-To-Resi Conversion Amid Multifamily Boom

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

4,500-Acre Data Center District Approved In Pennsylvania Town

Affordable Housing Giant Starts $180M Philly Push: The Philadelphia Deal Sheet

'It's A 2-Way Street': Philly Hospital CEOs Seek Cost Savings From Architects, Builders

Foundry Robotics Leaves San Francisco For New East Bay HQ

Tenant Rep Firm Expands To Philly, Hires Industry Veteran

Data Centers Lose The Top Spot, San Francisco Jumps 40 Places: 9 Takeaways From ULI's 2027 Outlook

South Jersey Affordable Housing Developers Blame State 'Overregulation' For Constricted Supply

Cushman & Wakefield, NYC Added To Suit Alleging $250K Agency Lease Shakedown

Philly Restaurant Operators Avoid Percentage Rent, Tenant Improvement Deals

Denver Public Schools' $11M Centennial Hall Purchase Marks Rare Land Sale For ULC