The Walker & Dunlop Seniors Housing team started the year off strong, with two closings in January. W&D first represented a major Georgia-based not-for-profit health system in the divestment of three skilled nursing facilities totaling 448 beds. Despite their rural locations, operational challenges and capital expenditure needs, W&D secured multiple competitive offers over an elongated closing process, securing an attractive price per bed. Nick Hall handled the transaction.
The W&D team also closed the sale of a large institutional-owned seniors housing community in Colorado. The buyer was a publicly traded REIT, which retained the existing management team to sustain its strong performance post-transition. This transaction was led by Alex Vice, Brett Gardner and Joshua Jandris.