Eden Senior Care Secures $54.6M Loan From Dwight Mortgage Trust For Skilled Nursing Portfolio Acquisition
Pennsylvania
See Similar DealsEden Senior Care Secures $54.6M Loan From Dwight Mortgage Trust For Skilled Nursing Portfolio Acquisition
Summary
The asset involved in this transaction is a skilled nursing portfolio consisting of six properties with a total of 925 beds located in Pennsylvania, specifically in the markets of Pottsville, Wilkes Barre, Kingston, Williamsport, and Yeadon. The acquisition financing secured for this portfolio amounts to $54,600,000, facilitated through a loan from Dwight Mortgage Trust.
Summary of transaction details:
- Property Type: Nursing Home
- Transaction Amount: $54,600,000
- Lender: Dwight Mortgage Trust - Adam Offman
- Landlord: Eden Senior Care
- Market: Pottsville, Wilkes Barre, Kingston, Williamsport & Yeadon, PA
- Asset Type: Skilled Nursing Portfolio
- Beds: 925
Eden Senior Care is the entity that acquired the portfolio, previously owned by Bedrock Care Group since 2021. The loan is specifically classified as acquisition financing, supporting Eden Senior Care's strategic investment in the skilled nursing facilities across the aforementioned markets.
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