Independent Living & Assisted Living & Memory Care

The Midwest Portfolio

SOLD - Two Premier Senior Living Communities

Posted In — Success Stories |
per unit

Project Outline

— The community opened in late 2016. There is a large national operator who stayed in place after the transaction.

— Community initially struggled with lease up but was on pace to stabilize quickly at the time of closing.

— The average revenue per occupied unit per month of $3,700 was well below competitors creating additional upside in the transaction.


— Our team put together an in depth offering memorandum featuring professional photographs, thorough analysis of historical revenue and future growth potential, and detailed competitor breakdown.

— Marketed offering to select group of clients who fit the geographic and size profile of the opportunity.

— Orchestrated and oversaw due diligence process to ensure a smooth transaction on both sides.


— The transaction occurred between a large institutional buyer and seller who have asked not to be identified. The operator is also a large institutional senior housing owner & operator and remained in place under the new ownership.

— Portfolio sold for $324,000 per unit, more than double what the seller paid for the communities in 2012.

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