Monday, February 25, 2013

Toby Siefert Brokers Sale of Pennsylvania Personal Care Home

Toby Siefert sold a 35 unit personal care home in Indiana, PA.  The facility was originally a hotel but had been converted and renovated into senior housing in 1986.  The facility is 17,530 square feet on 2 acres.  The building has 35 units of which 30 are private rooms.  The facility only accepts private pay residents.  The Seller was a local family and this was there only senior housing asset.  Senior Living Investment Brokerage was able to identify a first time Buyer for the facility.  Senior Living was also instrumental in assisting the Buyer in obtaining an SBA loan to purchase the personal care home.  The Buyer expects to be able to increase census and revenue at the facility.  For additional information, please contact Toby Siefert at 630/858-2501 or siefert@slibinc.com 

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