Transactions
FellowshipLife, a New Jersey-based nonprofit, has expanded its network of communities by adding Applewood Village, bringing its portfolio to five communities. Applewood Village, previously owned and operated by CentraState Healthcare System, will continue to be a preferred provider of medical services for residents.
“We are thrilled to welcome Applewood Village to the FellowshipLIFE family,” said Brian Lawrence, president and CEO of FellowshipLIFE. “Expanding our services and programs for older adults is always a priority for us.”
DAS Health expands into Canada
DAS Health, a healthcare IT and business solutions company, has announced its expansion into Canada through the acquisition of the North American Digital Health Division of a digital transformation provider. This move will allow DAS to offer a wider range of services to its Canadian clients.
“This expansion is a significant milestone for us,” said Michelle Jaeger, president and CEO of DAS Health. “It not only establishes our presence in Canada but also enhances our capabilities in the senior care sector.”
SLIB sells skilled nursing facility in Texas
Senior Living Investment Brokerage has facilitated the sale of a skilled nursing facility in Longview, Texas. The facility, with 108 beds situated on three acres of land, was previously owned by a Texas-based partnership.
Stay tuned for more updates on recent transactions and financings in the senior living and healthcare industry.
