—Tryko Partners LLC, based in Brick, N.J., has purchased New Eastwood Care and Rehabilitation Center in Easton, Pa. for $6.3 million. Tryko Partners purchased the facility from Signature HealthCARE and plans to invest more than $500,000 in physical and program enhancements at the property.
These enhancements include renovating and upgrading New Eastwood’s therapy gym, rehabilitation rooms and common areas, as well as upgrading patient rooms. In addition, new cardiac and pulmonary rehab programs will be implemented.
Located at 2125 Fairview Ave., the facility is a two-story nursing home with 97 beds.
The Private Bank, based in, provided Tryko Partners with financing for the New Eastwood acquisition. Sam Dendrinos and Laura Santillanes managed the transaction.