Capital Bay GmbH has acquired the Benediktuspark senior care home in Ortenberg near Frankfurt.
The almost fully occupied residential care facility has around 120 beds and total usable space of approximately 7,000 m². Originally built as a hospital in 1960, the building was converted into a care home in 2004. The facility received the top mark of 1.0 in the quality assessment by the health insurance funds’ medical service (MDK) in both 2016 and 2017.
George Salden, CEO of Capital Bay, says: “The building has no refurbishment needs. Our partner CURATA Care Holding GmbH will take over operation of the facility.”
CURATA already operates another senior care home in nearby Nidda.
