Scioto Properties, a Columbus, Ohio-based real estate investment company focused on providing long-term residential financing services in the healthcare industry, has paid $80 million to acquire a portfolio of 277 properties across 17 states.
The acquisition is the company’s largest transaction to date and expands its portfolio of more than 2,200 properties nationwide.
“As Scioto Properties celebrates its 25th anniversary, this transaction highlights the company’s ability to execute on a large and complex acquisition while maintaining its tradition of working one-to-one with smaller providers to help them grow, one property at a time,” said B. Thomas Goodwin, president of Scioto Properties. “This expanded reach not only supports large institutions but also enables smaller providers to grow and thrive within the Scioto network.”
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