Daryl Hagler sells Centers portfolio in NYC to Chunny Herzka
Chuny Herzka’s Emerald Group paid $161 million for a set of Boro Park nursing homes from Daryl Hagler’s Centers Healthcare as part of a $1.7 billion deal. Lakewood, New Jersey-based Emerald Group acquired three Brooklyn nursing home facilities from Centers for $296 million this week, records show. The deal was financed by a $240 million loan administered by Huntington Bank. The properties consist of a 504-bed Boro Park Center at 4915 10th Avenue, the Brooklyn Center for Rehabilitation and Nursing at 170 Buffalo Avenue and the Bushwick Center for Renal Dialysis at 51 Georgia Avenue and 50 Sheffield Avenue. The […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

Grid No Longer Among Data Center Builders’ Biggest
Problems

America’s Top Architects: Travis Price Brings Transparency
To A Washington, D.C. Rowhouse

Developers widely reject large 485x projects

The mogul cashing out at 220 Central Park South

Everyone gets an increase, except these building
owners

NY Dirt: Politicians push developers to block
ICE

How to Turn Your Equity Into Rentals with a HELOC or
Cash-Out Refi (Rookie Reply)

Rezoned Sheepshead Bay site sells for $37M for large
affordable housing project

Massive North Fork waterfront estate sells for $15M in
single-lot record

COPA heads to committee vote, this time with tweaks for
industry


