A Bronx-based nursing home company has purchased the 150-bed RegalCare facility in Fair Haven Heights for just under $8 million, in the city’s latest property transactions.
According to the city land records database, on on Oct. 22, New Haven Propco LLC purchased the 150-bed short-term rehab and long-term nursing home at 181 Clifton St. from 181 Clifton Street Realty LLC for $7,999,500.
The three-story property last sold for $5,940,000 in 2019. The city last appraised it as worth $2,733,900.
The new ownership company is controlled by Menajem Salamon, the chief executive officer of a Bronx-based company called Essential Care.
According to a $31.15 million mortgage that New Haven Propco LLC and a host of other Salamon-controlled companies received from KeyBank on Nov. 1, Salamon is also the manager for the companies New Haven Center for Nursing and Rehabilitation LLC, Southport Propco LLC, Southport Center for Nursing and Rehabilitation LLC, Torrinngton Propco LLC, Torrington Center for Nursing and Rehabilitation LLC, Waterbury Propco LLC, Waterbury Center for Nursing and Rehabilitation LLC, West Haven Propco LLC, West Haven Center for Nursing and Rehabilitation LLC, and Elm City Healthcare Ventures LLC.
Salamon’s company also runs the Advanced Center for Nursing & Rehabilitation nursing home at 169 Davenport Ave. in the Hill. City land records show that his company 169 Davenport Ave Realty LLC purchased nursing home in 2016 for $5 million.
Salamon did not respond to an email request for comment by the publication time of this article. Neither did Eliyahu Mirlis, the RegalCare CEO whose company recently sold 181 Clifton St. to Salamon’s company.
Click here and here for previous stories about RegalCare’s struggles during the early months of the pandemic.
In other recent local property transactions:
• Elm City Montessori purchased its 495 Blake St. school building for over $5.2 million. Click here for a full story on that sale.
• Affiliates of the local megalandlord Mandy Management spent another $3.4 million buying 11 residential properties containing 37 different apartments. Those recent Mandy pickups include the four-family house house at 530 Winthrop Ave. (sold for $425,000), the five-unit apartment house at 1495 State St. ($425,000), the five-unit apartment house at 1173 Quinnipiac Ave. ($375,000), the three-family house at 333 Ellsworth Ave. ($375,000), the three-family house at 104 Sea St. ($350,000), the three-family house at 53 Warwick St. ($300,000), the three-family house at 256 Davenport Ave. ($280,000), the three-family house at 61 Truman St. ($260,000), the three-family house at 19 Bassett St. ($255,000), the three-family house at 83 Judson Ave. ($205,000), and the two-family house at 121 Plymouth St. ($185,500).
• A holding company controlled by Holliswood, N.Y.-based landlords Danny and Michelle Gejerman purchased a three-family house at 1553 Chapel St., a four-family house at 1554 Chapel St., and a three-family house at 1557 Chapel St. from a holding company controlled by Greenwich-based landlord Alan Genn for $1.3 million.
See below for a full roundup of recent local property transaction.