FORMER HOTEL ACQUIRED FOR 80-BED SKILLED NURSING FACILITY

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BRECKSVILLE, OHIO — The former Pilgrim Inn of Brecksville has been acquired by Brecksville Healthcare Holdings LLC. Pending voter approval of a planned development overlay agreement in November, the property will be converted into an 80-bed skilled nursing facility. The 2.8-acre hotel parcel was acquired for $1.15 million. David Kaplan of NAI Cummins represented the buyer; Farley Helms of Colliers Turley Martin Tucker represented the seller in the transaction. If the plans are approved, the new facility could open as early as fall 2009.

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