Brad Clousing and Patrick Byrne recently sold a 64 unit Assisted Living Community in Bradenton, Florida. The community, built in 1989/98/2014, had a census of 64% and featured 34 assisted living units and 30 memory care units in a five building campus setting. The unit mix and layout provided for a mix of private pay and managed care residents (approximately 40%). The Seller is a Fort Lauderdale based investor planning to focus operations in the Broward and Miami-Dade markets. The Buyer is from the Midwest and this is their first acquisition in Florida. At the direction of the Sller, Senior Living Investment Brokerage was able to confidentially market the facility and field multiple qualified Buyers for consideration.

The post Senior Living Investment Brokerage Handles Assisted Living Sale appeared first on Senior Living Investment Brokerage.

Jason Punzel and Ryan Saul sold three assisted living communities in Idaho. Built between 1972 and 1976, the communities totaled 267 units and sold for $11,275,000. The overall census was 70%. The Seller is a local, private owner who is retiring from the seniors housing business. The Buyer is a publicly traded company with other communities and services in Idaho. With their current presence in Idaho, they will be able to improve census and net operating income using economies of scale. For additional information on how Senior Living Investment Brokerage can help you buy or sell assisted living, please contact Ryan or Jason at 630/858-2501

The post Ryan Saul and Jason Punzel Sell Assisted Living Communities. appeared first on Senior Living Investment Brokerage.