Healthcare Transactions Group Arranges Sale of Maryland Community

by Jeff Shaw

DENTON, Md. — Healthcare Transactions Group Inc. has arranged the sale of Caroline Nursing & Rehab Center, an 87-bed skilled nursing facility, and The Gables, a 16-unit assisted living facility. The two locations are part of a single community co-located on 23-acre campus in Denton.

Mark Davis of Healthcare Transactions Group served as mergers and acquisition advisor to the sellers, charitable subsidiaries of the nonprofit Caroline Foundation.  The buyer was a growing Maryland-based operator. Price and other details were not disclosed.

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