by Steph Mallozzi | Feb 6, 2025 4:06 pm | Acquisitions
Matthew Alley and Ryan Saul of Senior Living Investment Brokerage were engaged by a local independent owner in Texas in the divestment of its only skilled nursing facility, as he looks to exit the industry. He was leasing the property to a regional operator. Built in... Read More »
by Steph Mallozzi | Feb 6, 2025 4:05 pm | Acquisitions
Andrew Montgomery of Montgomery Intermediary Group has reported a strong start to the year, closing four separate transactions, so far, and announcing an additional deal from October of last year. That one involved a 130-bed skilled nursing facility in St. Louis,... Read More »
by Steph Mallozzi | Feb 6, 2025 4:03 pm | Acquisitions
A couple of California seniors housing communities changed hands as part of a larger divestment strategy for the national developer/investor seller. Before the pandemic, that entity had purchased more than a dozen geographically disparate, older-vintage communities.... Read More »
by Steph Mallozzi | Feb 6, 2025 4:02 pm | Acquisitions
Daniel Morris of Plains Commercial Real Estate facilitated the sale of a seniors housing community in Sterling, Illinois. Built in 2001, Avonlea Cottage Assisted Living comprises 30 assisted living units and was being sold as part of a receivership process. The... Read More »
by Steph Mallozzi | Feb 6, 2025 4:02 pm | Acquisitions
Jeffrey Vegh and Joe Schiff of Forest Healthcare Properties sold a skilled nursing portfolio in Ohio before the end of January. This brings the team’s total number of facilities sold in the month of January to 20. The portfolio features six SNFs comprising 536 beds,... Read More »