Harrisburg Jewish Home board sells senior care facility to real estate investment firm 

Non-profit senior care facility The Campus of the Jewish Home of Greater Harrisburg will be sold to New Jersey-based real estate investment firm, Tryko Partners. 

The board of The Campus of the Jewish Home of Greater Harrisburg announced the sale this week, citing a “persistent and increasing” gap between Medicaid reimbursement rates and the cost of caring for residents—challenges that were exacerbated by the pandemic. 

The Jewish Home also pointed to persistent staffing shortages, which have limited the number of residents the home has been able to accept. 

The sale includes the organization’s campus at 4000 Linglestown Road, Lower Paxton Township, consisting of the Jewish Home’s 138-bed skilled nursing facility and 58-unit personal care home, known as The Residence. 

“This was a very difficult decision,” said Richard Spiegelman, president of the Jewish Home Board. “Because of the significant fiscal challenges we have faced as a stand-alone facility, we decided the best option for residents of the Jewish Home and Residence and the staff was to sell the facility to an organization with the scale and resources to uphold the high standards we have followed for 40 years.” 

Tryko, which expects to complete the purchase of the property by March, currently owns 6,000 skilled nursing/assisted living beds across the country. The facilities are supported by Marquis Health Consulting Services, a nursing home consulting company. 

“The Jewish Home and Residence provides outstanding care for the Jewish community and larger population,” said Uri Kahanow, director of acquisitions at Tryko. “Our mission is to carry that forward and quickly earn the trust of residents, their families and the dedicated care team at the Jewish Home and Residence.”