Tryko Partners has announced it has acquired Glendale Uptown Home.
Glendale Uptown Home, renamed Roosevelt Rehabilitation & Healthcare Center, is a 240-bed skilled nursing center in Philadelphia. The purchase follows similar investments made by Tryko in two other area skilled nursing facilities in and near Philadelphia.
Tryko Partners, based in Brick, N.J., is private equity investment group that seeks to acquire healthcare facilities and other types of real estate along the Eastern Seaboard and in the Midwest. Founded in 1989, the firm states it is involved in approximately 3,000 skilled nursing beds through its in-house healthcare division, Marquis Health Services.