Jeff Binder sold a 74 Bed Skilled Nursing Facility in Northwest Missouri November 1, 2009. The Seller because the facility was no longer an operational, or geographical, fit given their relatively light exposure in the state of Missouri. The Buyer was a regional long-term care provider with three other facilities in Missouri. The facility had a sufficient quality mix but overall census was around 50%. The Buyer has experience with rural facilities and has plans in place to enhance census and profitability via expanded services.
Matthew Alley sold a 112 bed Skilled Nursing Facility in Texas. Originally built in 1975 with numerous renovations (the most recent completed in 2009), the facility is a single story, brick exterior, 34,150 square foot building. This is the only LTC facility the Seller had and it was sold to an owner/operator purchasing their first facility in Texas. Financing was provided by a local lender. Please call Matthew at 630/858-2501 if you have any questions.