International Equity Partners completed the acquisition of a Skilled Nursing Portfolio from Eskaton Properties for $35.6m.

International Equity Partners, an investment management firm, completed the acquisition of a Skilled Nursing Portfolio from Eskaton Properties, a regional not-for-profit aging services provider that has been dedicated to enhancing the lives of older adults throughout Northern California, for $35.6m. “This is an exciting time for Eskaton as we exit the standalone healthcare space, and focus on our future in residential living, affordable housing, and home-based services. This is not a downsizing exercise, but a pivot towards more sustainable operations in Northern California and beyond. Eskaton is looking to expand its residential living portfolio through management opportunities, affiliations, and new development. For home-based services, our goal is to partner with the best providers in our service area to expand our mission,” Mark Jenkins, Eskaton Properties CFO.