A skilled nursing operator exited its last two assisted living assets, with Brad Clousing and Daniel Geraghty of Senior Living Investment Brokerage handling the transaction. Located in Lauderhill, Florida, Lenox on the Lake features 133 beds in 127 units, with a mix of assisted living and memory care. Majestic Memory Care in Hollywood, Florida, has 65 units and 115 beds of strictly memory care. Both assets were sold to a regional owner/operator based in South Florida with a growing regional presence.
