Chuny Herzka Of Emerald Group Acquires Nursing Home In Lake Worth Beach For $27.6M

The property asset involved in this transaction is a nursing home located at 2501 North A Street, Lake Worth Beach, FL. The facility spans across 5.29 acres and consists of 138 units. This nursing home was acquired at a sale price of $27,600,000, translating to a price per unit of $200,000.

Summary of transaction details:

• Property Type: Nursing Home
• Transaction Amount: $27,600,000
• Address: 2501 North A Street, Lake Worth Beach, FL
• Units: 138
• Price Per Unit: $200,000
• Buyer: Chuny Herzka - Emerald Group
• Seller: Matan Ben-Aviv - Ganot Capital
• Lender: VNB New York
• Mortgage Amount: $26,880,000

This transaction highlights the key individuals involved with Chuny Herzka representing the Emerald Group in the acquisition from Matan Ben-Aviv of Ganot Capital. VNB New York facilitated the financing of this deal by providing a substantial mortgage to support the acquisition process.