May 20, 2016
Grant Kief

Assisted Living Community Sale

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Assisted Living Community Sale in Georgia conducted by Brad Clousing of Senior Living Investment Brokerage, Inc. The transaction consists of an Assisted Living Community sale in Valdosta, Georgia. The asset features 78 assisted living units and 31 memory care units. The building consists of three distinct areas: Laurel Oaks, which was constructed in 1978, Willow Wood, constructed in 2009 (both of which offer assisted living services), and The Elms, constructed in 2013 which offers memory care services. The Seller converted the entire building from a personal care home to the newer assisted living license as part of the renovation in 2013. The Assisted Living Community sale was structured as a sale leaseback transaction. The Seller has another assisted living community for sale currently under contract located approximately 25 miles north of this assisted living community. This transaction is a sale leaseback as well. The Buyer is a publicly traded REIT. For more information on this Assisted Living Community sale or how Brad can help you with the valuation and sale of your seniors housing property, contact Brad Clousing of Senior Living Investment Brokerage, Inc. at clousing@slibinc.com or 630/858-2501