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Willowood Extended Care Buys Three Nursing Facilities In The Berkshires

Feb 8, 2011 | Reprints | Unlock Link | Print

Willowood Extended Care Services (WECS), which owns and operates nursing facilities in Berkshire County, has purchased three nursing facilities in the Berkshires with the help of a $30 million tax-exempt bond from MassDevelopment.

The nursing facilities are located in Williamstown, North Adams and Great Barrington, according to a statement.

"Skilled nursing facilities are invaluable for those with rehabilitation and long-term care needs," said MassDevelopment President and CEO Robert L. Culver. "WECS represents a key provider of this type of care in Berkshire County, and this tax-exempt financing will ensure the organization can continue to meet the needs of patients."

TD Bank bought the bond, with Berkshire Bank participating in a portion of the purchase.

Residential Real Estate