A personal care home in Pennsylvania was sold with the help of Jeff Binder, Bradley Clousing, Dan Geraghty, Dave Balow and Lucas Doll of Senior Living Investment Brokerage. It was built in 1998 and sits within the Pittsburgh metropolitan area. The seller was a national owner/operator that deemed the property to no longer fit in its long-term operational objectives.
The identified buyer was a rapidly growing Northeast-based owner/operator looking to expand its presence in the Pittsburgh, Pennsylvania MSA. The private buyer’s existing portfolio comprises seniors housing communities in New Jersey and one community in the Pittsburgh area. The principals have held various roles in the senior care industry.
