{"id":1004230350,"date":"2018-05-18T04:57:29","date_gmt":"2018-05-18T12:57:29","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004230350"},"modified":"2022-12-07T10:35:49","modified_gmt":"2022-12-07T18:35:49","slug":"strawberry-fields-buys-ky-rehabilitation-and-nursing-facility","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/strawberry-fields-buys-ky-rehabilitation-and-nursing-facility\/","title":{"rendered":"Strawberry Fields Buys KY Rehabilitation and Nursing Facility"},"content":{"rendered":"<p>By Alex Ciorogar<\/p>\n<div id=\"attachment_1004230352\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/Landmark-Rehabilitation-and-Nursing-Center-of-River-City.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004230352\" data-attachment-id=\"1004230352\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/strawberry-fields-buys-ky-rehabilitation-and-nursing-facility\/landmark-rehabilitation-and-nursing-center-of-river-city\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/Landmark-Rehabilitation-and-Nursing-Center-of-River-City.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;1526556326&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=\"Landmark Rehabilitation and Nursing Center of River City\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Landmark Rehabilitation and Nursing Center of River City&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/Landmark-Rehabilitation-and-Nursing-Center-of-River-City.jpg?w=800\" class=\"wp-image-1004230352 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/Landmark-Rehabilitation-and-Nursing-Center-of-River-City.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/Landmark-Rehabilitation-and-Nursing-Center-of-River-City.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/Landmark-Rehabilitation-and-Nursing-Center-of-River-City.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/Landmark-Rehabilitation-and-Nursing-Center-of-River-City.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004230352\" class=\"wp-caption-text\">Landmark Rehabilitation and Nursing Center of River City<\/p><\/div>\n<p>Strawberry Fields REIT LLC\u2014an owner and lessor of nursing homes, long-term acute care hospital facilities and medical office buildings in the Midwestern and Southern U.S.\u2014has bought Landmark Rehabilitation and Nursing Center of River City, a 92-bed rehabilitation and nursing facility for $6.5 million from Christian Care Centers.<\/p>\n<p>Located at 1015 Magazine St. in Louisville, Ky., the 1962-built property was renovated between 2012 and 2014. According to Strawberry Fields, Landmark of River City was 81 percent occupied at the time of the sale. Landmark Group is currently leasing and managing the asset. Services include on-site physical, occupational and speech rehabilitation, skilled nursing, rehab-to-home program, wound care and respite care hospice.<\/p>\n<p><em>\u201cLandmark of River City is an outstanding location and provides residents of Louisville exceptional subacute care and rehabilitation services,\u201d<\/em> said Moishe Gubin, CEO of Strawberry Fields, in a prepared statement. <em>\u201cThe former owner implemented extensive renovations on this property converting it to an attractive and state-of-the-art facility for care delivery.\u201d\u00a0<\/em><\/p>\n<p>Louisville commercial real estate activity is ramping up as the city gears up for the opening of its revamped Kentucky International Convention Center. Earlier this year, the city&#8217;s largest hospitality facility opened when Omni debuted the <a href=\"https:\/\/www.commercialsearch.com\/news\/omni-opens-300m-hotel-in-kentucky\/\">$300 million Omni Louisville Hotel<\/a>.<\/p>\n<p><em>Photo via Google Street View <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Located at 1015 Magazine St. in Louisville, Ky., the 1962-built property was renovated between 2012 and 2014. Landmark Group is currently leasing and managing the asset.<\/p>\n","protected":false},"author":928,"featured_media":1004230352,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,21754,13,21742],"tags":[40412,40392],"class_list":["post-1004230350","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-medical-office","category-midwest","category-latest","tag-landmark-group-of-companies","tag-strawberry-fields-reit"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Strawberry Fields Buys KY Rehabilitation and Nursing Facility - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/strawberry-fields-buys-ky-rehabilitation-and-nursing-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Strawberry Fields Buys KY Rehabilitation and Nursing Facility\" \/>\n<meta property=\"og:description\" content=\"Located at 1015 Magazine St. in Louisville, Ky., the 1962-built property was renovated between 2012 and 2014. 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