In June 2020, Tryko Partners announced the acquisition of the Harlee Manor and Springfield Commons campus in Springfield, Pennsylvania. The acquisition adds 173 skilled nursing beds and personal care units to Tryko Partners’ greater Philadelphia regional portfolio. The purchase punctuates the Brick, New Jersey private equity investment firm’s commitment to the industry, according to Uri Kahanow, director of acquisitions.
Renamed Springfield Enhanced Senior Living, the campus and its facilities are being rebranded, including an immediate, $2.5 million investment in physical plant renovations and specialty care programming enhancements. The skilled nursing and personal care components will be known moving forward as Springfield Rehabilitation & Healthcare Center and Springfield Crossings, respectively. Springfield Enhanced Senior Living has retained the services of Marquis Health Services, Tryko Partners’ health care affiliate. The highly skilled and vision-driven nursing home administrative services company currently supports Mid-Atlantic and New England facilities totaling nearly 4,500 skilled nursing and assisted living beds, as well as more than 2,000 independent living units. Together with a carefully assembled team of clinical, compliance and financial consultants, Springfield Enhanced Senior Living and Marquis will create specialized programming designed to meet local health care needs.
In addition to investing in skilled nursing facilities, Tryko Partners also purchases multifamily properties and tax liens along the Eastern Seaboard and in the Midwest. Founded in 1989, the company has established successful, long-term partnerships with both individual and institutional investors, as well as a wide network of relationships with financing entities.
Tryko Partners, LLC is a private equity investment group based in Brick, New Jersey. The organization purchases multifamily properties, health care facilities, and tax liens along the Eastern Seaboard and in the Midwest.
This was reported by Tryko Partners, LLC on June 22, 2020.
Contact information: Tryko Partners, LLC, 1608 Route 88, Brick, New Jersey 08724; 732-961-9991; Website: http://tryko.com/