January 10, 2024
SOUTH CAROLINA — Senior Living Investment Brokerage recently facilitated the sale of three South Carolina properties, according to a press release. The communities combined for 128 units of assisted living in the South Carolina towns of Sumter, Central, and Greenwood.
The seller was a senior housing and healthcare-focused real estate investment trust (REIT), while the buyer was a Florida-based senior housing operator with a regional presence in the South Carolina market.
“These were well-run and well-maintained assets that will be an excellent addition to the Buyer’s South Carolina portfolio,” said SLIB Managing Director Bradley Clousing.
SLIB was able to leverage the nationwide marketing platform to create a national, yet confidential, market for this offering. There were multiple offers from both regional and national buyers to purchase this community.
Clousing and Senior Vice President Daniel Geraghty handled the transaction.