Senior Living Investment Brokerage’s Brad Clousing and Dan Geraghty closed a couple of portfolio sales at the end of 2023 on behalf of a publicly traded REIT. The larger deal consisted of four assisted living communities and 173 total units in Florida. They are located in Spring Hill, Fort Myers, Niceville and Tallahassee. The portfolio generated interest from multiple parties, but Opal Senior Living ended up as the buyer, for an undisclosed price.
Clousing and Geraghty also sold a portfolio of three assisted living communities with 128 total units in South Carolina to Mainstay Senior Living. According to an announcement from Mainstay, the acquired communities have been renamed to Ansley Glen at Greenwood in Greenwood, Sumter Terrace in Sumter and Vickery Park in Central. SLIB again procured multiple offers for the portfolio, as well as for individual assets. But no other details were disclosed.
