![Close up image of a caretaker helping older woman walk](https://www.mcknights.com/wp-content/uploads/sites/5/2021/10/GettyImages-173807841-860x484.jpg)
Summit Healthcare REIT Inc. bought two skilled nursing facilities at the end of February.
The total purchase price was $27 million, with a total of 318 licensed beds.
Summit Fantasia Holdings II, a joint venture of the REIT and Fantasia Investment III LLC, made the acquisitions. Summit is a publicly registered non-traded REIT.