Pisula Development Acquires 150-Bed Skilled Nursing Facility in Texas

CONROE, Texas — Pisula Development has acquired Brightpointe at Rivershire, a 150-bed skilled nursing facility in Conroe, approximately 40 miles north of Houston.

The two-story, 62,000-square-foot property is located on three acres near the Conroe Regional Hospital campus.

The acquisition was made through a joint venture between Pisula, Harrison Street Real Estate and a team of local physicians.

An affiliate of Pisula Development Co. manages the property. The lender in the transaction was Woodforest National Bank.

Pisula Development Co. is the development arm of RRC Medical Real Estate LLC (RRC), a commercial real estate firm with offices in Texas, Colorado and Pennsylvania.

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