
Selectis Health Sells Two Georgia Skilled Nursing Facilities

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Selectis Health has sold two skilled nursing facilities in Georgia for $13.175 million to GA SNF SPARTA GA LLC and GA SNF WARRENTON GA LLC. The sale includes properties in Sparta and Warrenton, with the company retaining rights to collect pre-closing tenant amounts. Proceeds will be used to pay transaction costs and retire debts, indicating a de-leveraging strategy. Analysts rate Selectis Health (GBCS) stock as a Sell with a $1.50 price target, citing weak financial performance and high leverage.
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