Tordjman Equities, a New York-based investor, has acquired Pine Trail Nursing and Rehab Center in Palm Beach County, Florida for at least $23.8 million, according to property records cited by Commercial Observer.
The 59,760-square-foot facility contains 93 beds and sits at 4445 Pine Forest Drive in Greenacres, adjacent to South Military Trail. The property was constructed in 1988.
The transaction reflects continued investor interest in healthcare real estate, particularly nursing and rehabilitation facilities in South Florida's Palm Beach County market.
Key facts
- Tordjman Equities, a New York-based investor, has acquired Pine Trail Nursing and Rehab Center in Palm Beach County, Florida for at least $23.8 million, according to property records cited by Commercial Observer.
- The 59,760-square-foot facility contains 93 beds and sits at 4445 Pine Forest Drive in Greenacres, adjacent to South Military Trail.
- The transaction reflects continued investor interest in healthcare real estate, particularly nursing and rehabilitation facilities in South Florida's Palm Beach County market.
Why it matters
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Source context
This article summarizes and contextualizes reporting from Commercial Observer. The visible original source link is retained so readers can review the primary report directly.
This coverage is informational and should not be treated as financial, legal, medical, health, gambling, or investment advice.
