Evans Senior Investments announced it handled the sale of a skilled nursing facility in Henderson, Nevada. Built in 1999 and sitting 10 miles south of the Las Vegas Strip, TLC Care Center saw pre-pandemic occupancy levels of 90% plummet to 58% at the time of marketing. The seller was an independent owner/operator, who sold the 255-bed skilled nursing facility to Hill Valley Healthcare, an east coast owner and operator of skilled nursing facilities, for $50 million, or $196,000 per bed. The facility comprises 35 private and 112 semi-private rooms, which includes 42 ventilator equipped beds.
This was the buyer’s first acquisition in the state of Nevada. According to LevinPro LTC, Evans Seniors Investments has closed 12 skilled nursing facility deals in the 2022 calendar year so far, after reporting 22 closings in 2021. Evans Seniors Investments received 14 competitive offers after 15 days on the market. Brendan DeSilvia, Jermey Stroiman, and Evan Jakobsze of Evans Seniors Investments handled this transaction.
