The sale of one of Iowa’s largest nursing home chains has reportedly been completed, with 29 care facilities now in the hands of a private equity firm.

The Leader

Garner

Hancock County

Iowa

United States

Private-equity firm buys 29 Iowa nursing homes in massive $85 million deal

Concord Care Center in Garner. Rebecca Peter | The Leader
The sale of one of Iowa’s largest nursing home chains has reportedly been completed, with 29 care facilities now in the hands of a private equity firm. According to Skilled Nursing News, the real estate brokerage firm of Marcus & Millichap says the $85 million transaction represents the largest nursing home sale ever recorded in Iowa. The 29 facilities represent 7% of the 410 nursing home…

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Daily Gate City

The Nora Springs Care Center is one of 29 Iowa nursing homes owned by ABCM Corp. of Hampton to be purchased by Chicago-based private equity firm Cascade Capital Group. Google Maps photo By Clark Kauffman, Iowa Capital Dispatch The sale of one of Iowa’s largest nursing home chains has reportedly been completed, with 29 care facilities now in the hands of a private equity firm. Two of those firms are the Nora Springs Care Center and the Colonial M…

charlescitypress.com

Nora Springs, Elma nursing homes part of private-equity firm purchase of 29 Iowa facilities in $85 million deal

beckershospitalreview.com

PE firm acquires 29 Iowa nursing homes for $85M

Sale involves Bloomfield Care Center and Mulberry Place

bdemo.com

Bloomfield

Davis County

Private-equity firm buys 29 Iowa nursing homes for $85 million

bettendorf.com

Bettendorf

Scott County

Iowa, United States

Private-equity firm buys 29 Iowa nursing homes in massive $85 million deal

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