Summit Healthcare REIT ‘Solely Focused’ on SNF Deals: Report

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.

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