May 15, 2023
Senior Living Investment Brokerage (SLIB) facilitated the sale of assisted living and memory care facilities located in the Rocky Mountain states.
The facilities consists of 130 units, were built in 1996 and 1999. The properties are 32,897 and 32,904 square feet, and are situated on approximately 1.81 and 4.03 acres of land.
The buyer is a large, regional owner/operator based out of California with over 30 communities nationwide. The new owner will invest money in capital improvements and continuing the strong operational performance, according to a press release.
Jason Punzel, Vince Viverito, Brad Goodsell, and Matthew Alley of Senior Living Investment Brokerage handled the transaction.