Coventry nursing home property sells for $7.23M

FOUR NURSING HOMES in Rhode Island were recently sold by Health Concepts Ltd. to a new ownership group including Tryko Nextgen Holdings LLC. The 190-bed Riverview Rehabilitation & Healthcare Center property at 546 Main St. in Coventry was sold recently to a New Jersey-based company for $7.23 million. Health Concepts also sold the Heritage Hills Nursing & Rehabilitation Center at 80 Douglas Pike in Smithfield, the Morgan Health Center at 80 Morgan Ave. in Johnston, and the Westerly Health Center at 280 High St. / COURTESY HEALTH CONCEPTS LTD.
COVENTRY – The 190-bed Riverview Rehabilitation & Healthcare Center property at 546 Main St. in Coventry was sold recently to a New Jersey-based company for $7.23 million, according to a copy of the warranty deed, a public record documenting the property sale. This was the largest of four real estate transactions as a New Jersey…

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