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Nursing Home Portfolio in Carolinas Sells After Legal Dispute Dropped

Universal Health Care Divests 18 Properties for More Than $284 Million
Litchford Nursing & Rehabilitation Center in Raleigh, North Carolina, sold as part of the 18-property portfolio deal. (CoStar)
Litchford Nursing & Rehabilitation Center in Raleigh, North Carolina, sold as part of the 18-property portfolio deal. (CoStar)
CoStar News
June 28, 2024 | 4:49 P.M.

A nursing home investor acquired 17 skilled nursing facilities in the Carolinas for about $284.5 million after it sued the seller to complete the agreement following a dispute over the sale of other assets.

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