NEPTUNE CITY, NJ—Tryko Partners is acquiring and renaming Medicenter Rehabilitation & Nursing, 2050 6th Ave., Neptune City, NJ. The Brick Township-based private equity real estate group says it will start immediately on a $2.5 million upgrade of the 110-bed property, to be renamed Coral Harbor Rehabilitation and Healthcare Center.

“This property offers an unparalleled location directly across the street from Jersey Shore University Medical Center – the largest hospital in Monmouth County,” says Uri Kahanow, Tryko’s director of acquisitions. “Additionally, it is located only 15 minutes driving distance from our corporate headquarters. Coral Harbor is incredibly well positioned to become a market leader through Tryko’s local corporate support and the expert direction of Marquis Health Services, our in-house healthcare division.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.