Ziegler was engaged by Bethesda Senior Living in its sale of a stabilized, well-performing assisted living community in Grand Junction, Colorado. Bethesda is divesting this non-core asset to focus on the growth of its mission. Cornerstone Management purchased the community in conjunction with a private real estate fund. Eric Johnson handled the transaction, noting that the largest hurdle to getting it closed was location, as the community sits outside the primary markets, which limited the buyer pool.
Joint Venture Acquires AL Community in Colorado
