Seniors Housing L Iowa

Senior Living Investment Brokerage closes sale of 19 seniors housing communities in Indiana and Iowa

ryan-saul
Ryan Saul

Ryan Saul of Senior Living Investment Brokerage represented the seller in the sale of 19 seniors housing communities throughout Indiana and Iowa.

Ryan Saul of Senior Living Investment Brokerage represented the seller in the sale of 19 seniors housing communities throughout Indiana and Iowa.

The total portfolio included 1,159 skilled-nursing beds. The overall occupancy of the portfolio is at 80 percent.

The seller was Ide Management. The buyer was a Midwest owner/operator that recently completed a private sale of a portion of its facilities. The buyer purchased the Ide Management Group portfolio as a 1031 exchange.