Healthcare Transactions Group negotiated the sale of Brinton Woods Post Acute Center, a CMS Four-Star rated, 225-bed Skilled Nursing Facility, including a 16-bed Ventilator Unit, and Brinton Woods Health & Rehab Center at Arlington West, a CMS Five-Star rated, 82-bed Skilled Nursing Facility, both in Baltimore, MD. Mark Davis of Healthcare Transactions Group served as Mergers and Acquisitions Advisor to the seller throughout the process. The transaction closed on February 1, 2019. Terms and other details of the transaction are confidential.
Brinton Woods Management Company, an experienced and recognized Maryland-based skilled nursing facility operator, led by CEO Daren Cortese, owned and operated Post-Acute Center and Arlington West since 2007 and 2008, respectively. Post-Acute Center, in East Baltimore, derives most of its patients from MedStar Health and the Johns Hopkins Health System. Arlington West in West Baltimore, draws mainly from Lifebridge Health and the University of Maryland Health System.
Healthcare Transactions Group conducted a highly selective and confidential offering process. The buyer was a New York-based nursing home owner, operator and investor.
Since 1996, Maryland-based Healthcare Transactions Group has been a recognized national leader in post-acute mergers & acquisitions, having closed over $2 billion in transactions in 34 states and the District of Columbia. This transaction represents the twenty-fourth and twenty-fifth Maryland post-acute facility sale arranged by Healthcare Transactions Group.