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Washington DC & Mid-Atlantic  + DC Metro  + Senior Housing  |  March 2, 2020
David Cohen
By: David Cohen

Tryko Acquires Three Virginia Skilled Nursing Facilities

Tryko Partners has acquired three skilled nursing facilities in Virginia for an undisclosed price. The acquisition is part of a planned expansion into the Mid-Atlantic region for the New Jersey-based investment firm.

The facilities include the 307-bed Woodbine Rehabilitation & Healthcare in Alexandria, the 190-bed Lexington Rehabilitation & Healthcare in Richmond and the 66-bed Westmoreland Rehabilitation & Healthcare in Colonial Beach. Tryko plans to invest approximately $9 million in upgrades and renovations to the facilities.

Marquis Health Services has been tapped to operate the three facilities. Acquisition financing was provided by M&T Bank.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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