October 4, 2012
Grant Kief

Ryan Saul Sells Assisted Living/Memory Care Facility in Ohio

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Ryan Saul has sold a 61 unit assisted living/memory care facility in Ohio.  Ryan had previosly sold the facility 4 years ago for $6 million.  It had been operationg just below breakeven and the Buyer’s plan was to expand in the state.  The owner’s plans changed and they made the decision to focus on other states within their portfolio.  The new Buyer, based out of Kentucky, plans on increasing occupancy by utilizing the Medicaid waiver which the facility was certified for in July.  For additional information please contact Ryan Saul at 630/858-2501.