Genesis Healthcare to Exit TX with Sale of Skilled-Nursing Facilities
Kennett Square, PA-based Genesis HealthCare (NYSE: GEN) has agreed to sell 23 skilled-nursing facilities in Texas to Regency REIT, a Delaware-registered limited-liability company.
Genesis, one of the largest post-acute U.S. care providers, signed a definitive agreement with Regency to sell 22 owned facilities and one leased building in a deal expected to close about July 1. Genesis also plans to divest an additional leased facility in a separate…
