A regional owner/operator that was looking to expand its footprint was selected as the buyer of a seniors housing community in Pleasant Prairie, Wisconsin. Built in 2016, the community comprises 100 assisted living and memory care units. The seller was an undisclosed, East Coast-based private equity firm.
Bradley Clousing, Ryan Saul and Jeff Binder of Senior Living Investment Brokerage handled the national, yet confidential, transaction. There were multiple offers from both regional and national buyers. No other details were disclosed.
