Brad Clousing and Jeff Binder sold a portfolio of 3 Assisted Living and Independent Living facilities located in central Illinois. The three facilities are located within 90 miles of each other and are easily accessible to major highways. The facilities had a total of 183 units with a census of 96%. The facilities were constructed between 2007 and 2009. The Seller is a national owner/operator of seniors housing who divested of these assets to utilize the capital for other projects. The Seller’s affiliated operating company will remain in place via a third-party management agreement. For additional information, please contact Jeff Binder at binder@slibinc.com or Brad Clousing at clousing@slibinc.com

QUESTIONS OR COMMENTS?

Get in touch with the author for valuable insights on our latest post.

Grant Kief

Author Grant Kief

More posts by Grant Kief

Leave a Reply