Hinsdale nursing home (600 West Ogden Avenue) Acquired by Pearl Healthcare | Real Estate Services M&A Deal

Pearl Healthcare has acquired the Hinsdale nursing home (600 West Ogden Avenue), a property management business in Illinois, for $21.5 million. The Hinsdale nursing home provides skilled nursing and post-acute care services at 600 West Ogden Avenue, supporting Pearl Healthcare acquisitions across the Chicago area. Pearl Healthcare acquisitions expand its portfolio of nursing homes and skilled nursing facilities, aligning with its strategic acquisition focus on real estate services deals IL. The divestiture acquisition follows Welltower’s continued medical property sales activity, with the announced transaction valued at about $22 million and positioned as a strategic acquisition by a strategic buyer.