Senior Living Investment Brokerage facilitated two sales of CONs (Certificate of Need) for adult care beds in North Carolina. An international holding company was looking to sell the CON and deploy capital into other businesses. The deal included 100 adult care beds in Wake County and 120 beds in Mecklenburg County, all of which were affiliated with seniors housing assets that were voluntarily closed. The buyer was a national developer/operator looking to expand their footprint within North Carolina. Patrick Burke, Jason Punzel and Vince Viverito of SLIB handled the transaction.
CON Sale Closed in North Carolina
