Did you know the state's largest pension fund also sold off a couple other properties?
Gone are two nursing home projects inherited in 2001 from Pat Riley St., who defaulted on an $11.5 million loan with ATRS.
Woodland Heights Rehabilitation & Healthcare Center, a 222-bed nursing home at 8701 Riley Drive in west Little Rock, was sold for nearly $4.2 million.
Northridge Rehabilitation & Healthcare Center, a 112-bed nursing home (with capacity for twice that) at 2501 John Ashley Drive in North Little Rock went for $3.4 million.
We're told the buyer is an out-of-state real estate investment trust.
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|Date:||Feb 6, 2006|
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