Cahill Group Buys Rosewood Health Care Portfolio For $250 Million

The Cahill Group, based in suburban Chicago, completed its acquisition of Rosewood’s skilled nursing and health care portfolio for $250 million, according to a release.

Rosewood, based in St. Louis County, has 14 skilled nursing facilities, senior living, home health and other related management service companies in Missouri and Illinois, according to the St. Louis Post-Dispatch.

The new company overseeing Rosewood’s operations will remain based in St. Louis County, but it will operate under the name Cahill Rosewood.

The company plans to spend up to $8 million in facilities upgrades.

Read more from the St. Louis Post-Dispatch

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