Helios Healthcare Advisors Structures $16,000,000 Sale of 169-bed Nursing Home in Middlesex County, MA

Helios Healthcare Advisors is pleased to announce the sale of a 169-bed skilled nursing facility located in an upscale suburb of Boston, MA. 

The facility consistently achieved a 4-5 Star CMS rating and maintained a strong reputation within the local market. A family-run business for over 20 years, It was a preferred provider among the area’s ACOs and hospital systems allowing it to achieve a strong rehab and private pay census with an average occupancy of over 90%.

Helios navigated a Massachusetts market plagued with headline risk and headwinds to position the asset as a stable, best-in-class facility capable of weathering the storm and conituning its domainant position within the market. The competitive process resulted in procurring over ten offers from local and regional providers and real estate investors. Helios ultimately structured the transaction with a private regional owner/operator based in New Jersey. The transaction was the buyer’s first acquisition in the state and will set the foundation for further strategic growth in the region.

The sale represented the family’s complete exit from the industry.