New Jersey firm buys senior housing properties

Portopiccolo Group spends $45 million for trio of nursing homes, assisted living facilities


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  • | 6:00 a.m. June 12, 2020
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            Portopiccolo Group, a family-run private equity firm based in Englewood Cliffs, N.J., has acquired a trio of senior housing properties for a combined $45.15 million in Collier and Sarasota counties, property records show.

            Portopiccolo Group bought the pair of nursing homes and an assisted living facility in Naples, Sarasota and Venice from entities controlled by Omega Healthcare Investors, a Hunt Valley, Md.-based company that owns nearly 1,000 senior housing sites nationwide.

 

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