A new, unknown company gets key role at 38 Pa. nursing homes and 7 in N.J.

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Daily News | A new, unknown company gets key role at 38 Pa. nursing homes and 7 in N.J.

When one of the biggest owners of Pennsylvania nursing homes, Welltower Inc., announced this month that new companies would take over the day-to-day management at 147 nursing homes in 15 states, it was no great surprise.

in New Jersey, has lost massive amounts of money in the last two years, including $316 million in the first nine months of 2022. That could make it harder for nursing home residents and the families to know who is actually in charge of care at the nursing homes, which were long known as ManorCare facilities and cared for nearly 15,000 residents a day in October, according to federal data.

Gefner’s LinkedIn profile also says he founded Perigrove LLC in 2012. The company is described there as “a real estate investment fund with a vertically integrated development arm, positioning the company to create and capitalize on emerging trends across equity sources like sovereign capital, international financing, next-gen currencies and more.”provides no information about the company’s real estate investments. Gefner did not respond to two voicemails at his Perigrove numbers.

 

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