Roanoke-based Kissito Healthcare has sold properties for $142M
Beth JoJack //January 13, 2026//
Springs Nursing & Rehab in Hot Springs. Photo courtesy Larry H. Miller Senior Health
Springs Nursing & Rehab in Hot Springs. Photo courtesy Larry H. Miller Senior Health
Roanoke-based Kissito Healthcare has sold properties for $142M
Beth JoJack //January 13, 2026//
SUMMARY:
CareTrust REIT appears to have acquired six skilled nursing facilities located in western Virginia.
On Jan. 5, the California-based publicly-traded real estate investment trust announced the purchase of six skilled nursing facilities in the mid-Atlantic for about $142 million, effective on the first day of the year. A spokesperson for CareTrust REIT declined to say which company sold the properties or give the names of the six facilities.
However, on Sunday, Larry H. Miller Senior Health (LHMSH), a Utah-based provider of post-acute and senior living services, announced the company had assumed operation of six long-term care facilities from Roanoke-based Kissito Healthcare. The facilities are the Brian Center of Fincastle; Maple Grove Nursing and Rehab in Lebanon; Bland Nursing & Rehab in Bastian; Brian Center of Alleghany in Low Moor; Springs Nursing & Rehab in Hot Springs; and Mulberry Creek Nursing & Rehab in Martinsville.
When asked about the ownership of the six facilities, Zach Whitney, a spokesperson for LHMSH, referred to a news release about the CareTrust REIT acquisition.
“These communities play an essential role in health care delivery,” Jess Dalton, LHMSH’s president of advanced senior care, said in a statement. “Long-term care isn’t just a service; it’s a lifeline for families, especially in rural areas, and for aging adults who deserve dignity and connection. We are committed to supporting the dedicated teams in these facilities and preserving the trusted relationships they have built over decades.”
Robert McClintic, who became CEO of Kissito in 2016, is listed as the company’s former CEO in the announcement.
“It has been an honor and a blessing to serve alongside the dedicated caregivers, leaders and communities that make Kissito Healthcare so special,” McClintic said in the release. “As those teams begin a new chapter with Larry H. Miller Senior Health, I am confident that the spirit of service and commitment to quality care will continue to thrive and grow.”
Facilities will continue to operate under the Kissito name, according to the LHMSH announcement. “The majority of the organization was retained, including nearly all senior leadership, all operational leadership, all regional clinical leadership and all direct care employees,” Whitney wrote in an email Tuesday. “This continuity ensured that the teams responsible for day-to-day operations and resident care remained fully in place.”
In 2010, Chicago-based Heavenrich & Co., a senior housing investment brokerage firm, represented Roanoke-based SmithPackett, a senior housing developer, in a sale of seven skilled nursing facilities to Grubb & Ellis Healthcare REIT II for $45 million. Bland Nursing & Rehab, Maple Grove Health Care Center, The Brian Center of Fincastle, The Brian Center of Low Moor and The Springs Nursing Facility were among the facilities sold. The following year, Grubb & Ellis Healthcare REIT II was renamed the Griffin-American Healthcare Trust.
Medicare lists McClintic Operations as owning Brian Center of Fincastle; Maple Grove Nursing and Rehab; Bland Nursing & Rehab; Brian Center of Alleghany; and Mulberry Creek Nursing & Rehab in Martinsville since 2023. That entity shares an address with Kissito Healthcare. Medicare lists Springs Nursing & Rehab as being owned by Kissito Healthcare.
“My understanding is that Robert purchased the buildings about [four] years ago, and CareTrust purchased them directly from him,” Whitney stated in an email.
In October 2025, Kissito Healthcare announced Mulberry Creek Assisted Living in Martinsville would close at the end of 2025. A Kissito Healthcare executive told WDBJ-7 at the time that the facility’s costs for food and labor outweighed revenue.
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