SLIB Brokers $20.2M Sale of Two Assisted Living Communities in Valdosta & Nashville
Staff Report From Valdosta CEO
Tuesday, March 8th, 2016
Senior Living Investment Brokerage has arranged the sale of two assisted living communities in Georgia to Omega Healthcare Investors for $20.2 million. The transaction was structured as a sale-leaseback deal, so the undisclosed seller will continue to operate the communities. The properties are a 109-unit community in Valdosta, sold for $17.5 million, and a 26-unit community in Nashville, sold for $2.7 million. Both are located in south Georgia near the Florida border. Bradley Clousing led the SLIB team in brokering the transaction.
