After a “quiet” year in 2020, Summit Healthcare REIT is looking to make more transaction noise going into 2022.
The Lake Forest, Calif.-based REIT in July acquired three skilled nursing facilities in California for $20 million, and considers itself to be “back in acquisition mode,” Elizabeth Pagliarini, COO and CFO of Summit, told Skilled Nursing News.
For Summit, transactions will stem from stabilized, cash-flowing properties rather than distressed deals. Read more.