Emerald, Infinite Care purchase North Miami, Tamarac senior rehab centers for $29M
Emerald Group and Infinite Care bought a pair of senior rehabilitation centers in South Florida for a combined $29 million. In the bigger deal, an entity led by Lakewood, New Jersey-based investor Yisroel Herzka and tied to Emerald and New York-based Infinite Care paid $18.9 million for the 120-bed Tamarac Rehabilitation and Health Center at 7901 Northwest 88th Avenue in Tamarac, according to records and real estate database Vizzda. The property consists of a 38,200-square-foot, one-story building completed in 1979 on a 3.8-acre site. Another entity also led by Herzka and tied to Emerald and Infinite Care bought the 100-bed […]This article originally appeared on The Real Deal. Click here to read the full story.
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