Hialeah Gardens Skilled Nursing Facility Sells For $43 Million
The Signature Healthcare Center of Waterford skilled nursing facility in Hialeah Gardens sold for $43.16 million.
Hialeah Gardens SNF LLC, managed by Ira Smedra of the Arba Group in Los Angeles, sold the 214-unit skilled nursing facility at 8333 W. Okeechobee Road. The buyers were Waterford Propco LLC, Waterford TIC 1 DM Member LLC, and five other entities with similar names.
The buyers assumed the seller’s $19.53 million mortgage, which was taken over by VNB New York and boosted to $59.84 million.
The property last sold for $29.3 million in 2019.
Totaling 65,132 square feet in three stories, the facility was built on the 1.97-acre site in 1986.
Source: SFBJ