Selectis Health Inc. Agrees to Sell Two Georgia Skilled Nursing Facilities for $13.2 Million
GLOBAL HEALTHCARE REIT INC GBCS | 4.10 | -2.38% |
Selectis Health Inc. announced that its subsidiaries have entered into a definitive agreement to sell substantially all real and personal property of two skilled nursing facilities in Georgia-Providence of Sparta Health & Rehab and Warrenton Health and Rehabilitation-for $13,175,000. The sale, contingent on due diligence and customary closing conditions, also includes an agreement to transfer operations of the facilities to new operators affiliated with the buyers. There is no assurance that the transactions will be completed.
