HFF Closes Sale of IL Nursing Facility

Helia Healthcare of Greenville is the only nursing home within a 20-mile radius offering skilled nursing services, including neuromuscular disorders care, amputation care, cardiac care, nutritional support, advanced wound care and enteral nutrition.

Palladian Healthcare has sold a 90-bed skilled nursing facility in Greenville, Ill. CareTrust REIT procured the offering free and clear of any debt. HFF Senior Director David Fasano, Managing Directors Ryan Maconachy and Chad Lavender and Director Sarah Anderson led the team that arranged the sale.

The post-acute, core-plus facility is the only nursing home within a 20-mile radius offering skilled-nursing services, including neuromuscular disorders care, amputation care, cardiac care, nutritional support, advanced wound care and enteral nutrition. Additionally, the facility also provides rehabilitation/restorative services and long-term care.

Helia Healthcare of Greenville is located at 400 East Hillview Ave. in Greenville, Ill., approximately 50 miles southeast of St. Louis via Interstate 70.

In August, HFF closed the sale of three Class A medical-office buildings totaling 137,686 square feet in Dallas–Fort Worth and Austin, Texas.