A California real estate investment trust acquired PruittHealth in Clay County on Sept. 8 for $14.41 million.
Through PSF Real Estate Investments LLC, LTC Properties Inc. of Westlake Village, California, bought the facility from Clay Healthcare Properties Inc. of Norcross, Georgia.
PruittHealth, at 2040 Town Center Blvd. in Fleming Island, sits on 12.5 acres and comprises two buildings built in 2019.
The company offers nursing services, at-home care, hospice care and senior living.
LTC Properties Inc. invests in long-term health care facilities, according to bloomberg.com.
Clay Healthcare acquired the property for $2 million in 2016.
In 2021 its total taxable value was almost $12.1 million.