Toby Siefert, Ryan Saul and Tom Rusthoven recently handled a Maryland Skilled Nursing Facility Sale. The 87 bed Skilled Nursing Facility is 41,139 square feet on 1.89 acres. The census at the time of the sale was 86%. The sale price was $9,100,000 or $105,000 per bed. The favorable price per bed was due to the quality reputation of the facility, the attractive location and Senior Living Investment Brokerage procuring a dozen offers for the Seller. Senior Living Investment Brokerage was able to exceed the Sellers pricing expectations. The Seller was a public REIT in conjunction with a national operator. The REIT and operator made a strategic divestiture due to the size, performance and geographic location compared to their other assets. The Buyer was a partnership between a California investor and a regional operator. For additional information on this sale, please contact Toby Siefert, Ryan Saul or Tom Rusthoven of Senior Living Investment Brokerage, Inc at 630/858-2501.
