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McDonald Hopkins Issues Commentary: PropCo/OpCo Divide in Skilled Nursing and Assisted Living: - Why Owners are Turning to ESOPs
April 04, 2026
CLEVELAND, Ohio, April 4 -- McDonald Hopkins, a law firm, issued the following commentary on April 3, 2026, by member Todd Baumgartner and associate Nolan Nadler:

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The PropCo/OpCo divide in skilled nursing and assisted living: Why owners are turning to ESOPs

Skilled nursing facilities and assisted living communities are typically structured under a Property Company/Operating Company model, commonly known as PropCo/OpCo, which separates the real estate . . .

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