{"id":1004221926,"date":"2018-04-20T05:42:34","date_gmt":"2018-04-20T13:42:34","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004221926"},"modified":"2022-12-08T23:09:17","modified_gmt":"2022-12-09T07:09:17","slug":"greystone-brokers-sale-of-tx-skilled-nursing-facility","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/greystone-brokers-sale-of-tx-skilled-nursing-facility\/","title":{"rendered":"Greystone Brokers Sale of TX Skilled Nursing Facility"},"content":{"rendered":"<p>By Alex Ciorogar<\/p>\n<div id=\"attachment_1004221929\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Nazareth-Living-Care-Center.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004221929\" data-attachment-id=\"1004221929\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/greystone-brokers-sale-of-tx-skilled-nursing-facility\/nazareth-living-care-center\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Nazareth-Living-Care-Center.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Alexandru Ciorogar&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1524225686&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Nazareth Living Care Center\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Nazareth Living Care Center&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Nazareth-Living-Care-Center.jpg?w=800\" class=\"wp-image-1004221929 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Nazareth-Living-Care-Center.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Nazareth-Living-Care-Center.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Nazareth-Living-Care-Center.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Nazareth-Living-Care-Center.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004221929\" class=\"wp-caption-text\">Nazareth Living Care Center<\/p><\/div>\n<p>Led by Managing Directors Mike Garbers and Cody Tremper, Greystone\u2019s Real Estate Advisors&#8217; team has arranged the sale of Nazareth Living Care Center, a <a href=\"https:\/\/www.commercialsearch.com\/news\/medistar-completes-construction-of-medical-office-in-el-paso\/\">skilled nursing facility in El Paso, Texas<\/a>, on behalf of the seller. Chicago-based Mozart Healthcare LLC\u2014a senior-living real estate management firm\u2014bought the asset from Nazareth Hall, a Texas nonprofit firm, for $6.3 million.<\/p>\n<p>Spread across a 3.4-acre site, the property is a 124-licensed bed facility comprising two buildings located at 1475 Raynolds St.: one operational building constructed in 2013 with 74 skilled nursing beds and one 50-unit, unused building with 50 inactive licensed beds. Paramount Healthcare is currently managing the community, which features the following services: fast-track recovery, long-term care, recreational therapy and spiritual care.<\/p>\n<p>Interstate 10, Interstate 110 and Patriot Freeway are all easily accessible from the property. University Medical Center Foundation and Candlelighters of West Texas &amp; Southern New Mexico are also located nearby.<\/p>\n<p><em>Photo via Google Street View<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Located at 1475 Raynolds St. in El Paso, Texas, the 124-licensed bed medical building is currently managed by Paramount Healthcare.<\/p>\n","protected":false},"author":928,"featured_media":1004221929,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21825,21783,21754,21742],"tags":[39933,32855,39930],"class_list":["post-1004221926","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-finance","category-investment","category-medical-office","category-latest","tag-cody-tremper","tag-greystone","tag-mike-garbers"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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