News

Legacy Healthcare expands its Western division creating new regional hub July 1, 2019 -- SKOKIE, IL – Cascade Capital Group, a private healthcare real estate investment firm, announced the acquisition of a 16-facility skilled nursing portfolio in South Dakota. Stretching from Rapid City to Sioux Falls, the portfolio comprises in excess of 1,000 beds.  TheRead more

Two Transactions in 30-day Window Expand Portfolio to 22 States May 8, 2019 -- SKOKIE, IL – Cascade Capital Group, a private healthcare real estate investment firm, announced the acquisition of 15 skilled nursing and assisted living facilities in two separate transactions. These transactions had a combined purchase price of $130 million and consists ofRead more

February 1, 2019 — SKOKIE, IL – Cascade Capital Group, a private healthcare real estate investment firm, announces the transition of two separate skilled nursing facilities located in the Chicago metro area. The facilities, Avantara Evergreen Park and The Grove of Berwyn, are comprised of more than 380 licensed beds, with a combined revenue ofRead more

Oct. 16, 2018 – SKOKIE, IL – Cascade Capital Group, a private healthcare real estate investment firm, announces the purchase of two skilled nursing facilities located in the Chicago metro area. The facilities, which were purchased in two separate transactions, were previously operated by individual non-for profit hospital systems. The portfolio is comprised of more thanRead more

SKOKIE, IL – Cascade Capital Group, a private healthcare real estate investment firm, announces the purchase of two skilled nursing facilities located in Billings, Montana. The seller, a regional owner/operator, was represented by Tony Cassie of Marcus & Millichap. The portfolio is comprised of more than 300 beds, with a purchase price of $13.7 million dollars.Read more

SKOKIE, IL – February 4, 2018 – Cascade Capital Group announces the final closings of a skilled nursing portfolio located across six states throughout the Midwest and Pacific Northwest. In total, Cascade successfully transitioned more than 60 long-term care facilities with over 5,500 beds to five separate regional operators, making it one of the mostRead more

Chicago, IL- April 1, 2017- Cascade Capital Group, a healthcare real estate investment & management company announces the acquisition of eighteen Midwest skilled nursing facilities (SNF’s). The portfolio consisted of facilities located in Iowa (2), Kansas (9), Missouri (6), and Nebraska (1). Purchased from a national, publicly-traded owner/operator, the portfolio is comprised of over 1800 licensed bedsRead more

CHICAGO, IL, August 31, 2016 –  Cascade Capital Group, LLC a private equity firm, announces the acquisition of another skilled nursing facility in Chicago IL. Drawing upon its reputation in the region, Cascade secured an “off market” purchase of the facility which had been family owned and operated for over 30 years. Built in 1973, theRead more

Chicago, IL‐ September 1, 2016‐ Cascade Capital Group, a healthcare real estate investment firm, announces the acquisition of nine Midwest skilled nursing facilities. Purchased from a private investment management firm, the portfolio is comprised of over 1000 beds located in four states, with a purchase price in excess of $50 million dollars. Cascade divided theRead more

Skokie, IL - February 1, 2016 - Cascade Capital Group, a private equity firm, announces the purchase of a three skilled nursing facility (SNF) portfolio located in Colorado and Utah. Purchased from APEX Healthcare Systems, the portfolio is comprised of over 450 beds, with a purchase price in excess of $31 million dollars. Oxford FinanceRead more