"We have been looking for opportunities in the Maryland market for some time, but with few quality assets coming online the barriers to entry are strong," noted Uri Kahanow, Tryko Partners' director of acquisitions. "We are thrilled with Rock Glen. This property offers newer construction and great aesthetics, and is located in the heart of a medical-rich market."
Kahanow added that Tryko Partners' established footprint in the Maryland multifamily market, where the firm owns and manages 2,000 apartment units, makes having a skilled nursing presence there a natural fit for the Brick, N.J., firm. The organization invests in multifamily properties, healthcare facilities, and tax liens throughout the Northeast and Mid-Atlantic states - with additional holdings in Massachusetts, Ohio, Pennsylvania, New Jersey and Virginia.
Financed by Chicago-based The PrivateBank (https://www.theprivatebank.com/