Tom Rusthoven and Jeff Binder Sell Michigan Assisted Living Community

Jeff Binder and Tom Rusthoven recently sold an assisted living facility in Eastern Michigan. The facility was less than 50 units. Due to the confidential manner of the sale, additional information cannot be released. For additional information on how Senior Living Investment Brokerage, Inc. can assist you or your company in a confidential sale, please contact Tom at rusthoven@slibinc.com or Jeff at binder@slibinc.com

Tom Rusthoven and Jeff Binder Represent Seller of ILF

Jeff Binder and Tom Rusthoven represented the Seller of an Independent Living Facility located in the Southwest. The selling entity was a non-profit owner/operator and the Buyer was a regional owner/operator. Although confidentiality was a priority for the Seller, Senior Living was able to procure multiple, qualified offers. Due to the confidential nature of the sale, the entities involved requested Senior Living Investment Brokerage not disclose any additional information. To discuss how we can assist you in the sale of your seniors housing property, please contact us at kief@slibinc.com

Tom Rusthoven and Brad Clousing Sell Three Assisted Living Communities in Michigan

The three Assisted Living Communities are located within a mile of each other in Southeast Michigan. The buildings, constructed in 1985 and 1992, have a total of 78 units. One of the buildings is dedicated to memory care services. The transaction sold at an 11.9% capitalization rate for over $68,000 per unit. The Buyer is a regional owner operator planning to implement additional marketing resources to neighboring Ohio residents as a means to increase census from the current 65%. For additional information, please contact Tom Rusthoven at rusthoven@slibinc.com or Brad at clousing@slibinc.com or 630/858-2501.