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Tryko Expands Rhode Island SNF Footprint
Tryko Partners has expanded its Rhode Island skilled nursing portfolio with the acquisition of Scalabrini Villa, a 120-bed facility in North Kingstown. Located at 860 N. Quidnessett Rd., the property fronts on Narragansett Bay.
“The acquisition of Scalabrini Villa further grows our investment footprint in New England, specifically within the desirable Rhode Island marketplace,” said Tryko’s Uri Kahanow, director of acquisitions.
He conttinued, “North Kingstown’s enviable demographics and deep regional hospital network added to this opportunity’s appeal. Within this context, Scalabrini Villa is well positioned to serve as a market-leading facility for decades to come.”
Scalabrini Villa was constructed and opened in 1994. The one-story facility contains two 60-bed units, each with 12 private rooms and 48 semi-private rooms. The Ocean unit provides memory care services, and the Country unit features long-term and sub-acute care.
According to Kahanow, a significant capital improvement campaign is planned under Tryko’s ownership.
- ◦Sale/Acquisition
