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120-bed nursing home property in Dayton area has new owner

A nursing home at 101 Mills Place in New Lebanon was sold as part of a $103 million real estate portfolio. MONTGOMERY COUNTY PROPERTY RECORDS

A nursing home at 101 Mills Place in New Lebanon was sold as part of a $103 million real estate portfolio. MONTGOMERY COUNTY PROPERTY RECORDS
Business
By Kaitlin R Schroeder
Jan 8, 2018
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A local nursing home has a new landlord as part of a $103 million real estate sale.

Sabra Health Care REIT, a Maryland-based real estate investor, sold 20 Genesis Healthcare nursing home properties in Kentucky, Ohio and Indiana, including a location at 101 Mills Place in New Lebanon.

The sale was recorded Jan. 4.

RELATED: Cabela’s sells local real estate for $35.5M

Sabra did not disclose who bought the portfolio. The buyer is an LLC with the same address as Vcorp, a firm that helps companies set up LLCs.

The New Lebanon nursing home has 120 beds and its services include different levels of long term and short term care.

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