Matthew Alley and Nick Cacciabando Sell 100+ Beds in Texas

Nick Cacciabando and Matt Alley sold 100+ Medicaid-certified beds in Texas. Under Texas regulations, the Buyer will be able to utilize a 25% increase in Medicaid beds when building a new nursing home. The Buyer is a developer that also owns several Skilled Nursing facilities in Texas and has plans to build a new facility and benefit from the additional beds issued by the state. For additional information on how Senior Living can assist you in the sale or purchase of Medicaid beds in a CON state, please contact Matt at alley@slibinc.com or Nick at nbando@slibinc.com

Ryan Saul Sells 50 CON Beds in Ohio

Ryan Saul has sold 50 Certificate of Need (CON) Beds in Ohio.  The Seller was looking to retire from the business and this was the only property he owned.  Because the facility was originally constructed in 1897 as a hospital and renovated in 1945, it was functionally obsolete.  Therefore, Senior Living Investment Brokerage, Inc. was able to sell the beds and the owner donated the vacant building to a not-for-profit for the tax benefit.  The Buyer is a regional owner/operator with 8 facilities in Western Ohio.  This was a strategic acquisition as they are focused on growing their regional company.  The Buyer plans on building a campus nearby that includes assisted living and skilled nursing.  For additional information, please contact Ryan Saul at ryansaul@slibinc.com or 630/858-2501.  Congratulations Harry and enjoy your retirement.

Matt Alley Sells Texas CON

Matt Alley has sold a 56 bed Medicaid Certificate of Need in Texas.  The buyer is a developer located in East Texas with several facilities in Texas.  The buyer will benefit from the additional Medicaid beds that the state issues when a new facility is built.  For additional information please contact Matthew Alley at alley@slibinc.com or 630/858-2501

Ryan Saul and Brad Clousing Sell Ohio CON

Brad Clousing and Ryan Saul have sold an Ohio Certificate of Need. The Seller had purchased a portfolio of facilities and elected to close one of the facilities located in Toledo due to poor census. The decision was made to sell the 100 Bed CON and the facility separately. The Buyer plans on developing a new campus at another nearby location that would include both skilled nursing and assisted living on the same campus. For additional information, please contact Ryan or Brad at 630/858-2501.