Skilled Nursing Bed License Sale in Kent County, MI

APRIL 2018

Senwell is pleased to announce the successful sale of bed licenses in Grand Rapids, Michigan. A prominent regional operator approached the Senwell team of advisors with their interest in entering the Grand Rapids market. The buyer’s ideal scenario when entering this market was to look for opportunities to lease a facility until development of a new construction project was complete.

The Senwell team worked diligently to identify an opportunity where the seller was looking to exit Kent County because the asset was deemed as non-core. Senwell was able to facilitate a successful resolution to lease the facility from the PropCo, combined with a purchase and sale of the bed licenses. This transaction was facilitated by Ben Bohland and Brandon Bohland.

 

LEAD ADVISORS:

Ben Bohland

Managing Partner
Phone: 419-464-7682
ben@senwelladvisors.com

Brandon Bohland

Managing Partner
Phone: 419-517-6477
brandon@senwelladvisors.com

APRIL 2018

Senwell is pleased to announce the successful sale of bed licenses in Grand Rapids, Michigan. A prominent regional operator approached the Senwell team of advisors with their interest in entering the Grand Rapids market. The buyer’s ideal scenario when entering this market was to look for opportunities to lease a facility until development of a new construction project was complete.

The Senwell team worked diligently to identify an opportunity where the seller was looking to exit Kent County because the asset was deemed as non-core. Senwell was able to facilitate a successful resolution to lease the facility from the PropCo, combined with a purchase and sale of the bed licenses. This transaction was facilitated by Ben Bohland and Brandon Bohland.

 

LEAD ADVISORS:

Ben Bohland

Managing Partner
Phone: 419-464-7682
ben@senwelladvisors.com

Brandon Bohland

Managing Partner
Phone: 419-517-6477
brandon@senwelladvisors.com

Other Results

Skilled Nursing Bed License Transfer to Southwest Ohio

Skilled Nursing Bed License Transfer to Southwest Ohio

Senwell Senior Investment Advisors is excited to announce the transfer of bed licenses from various counties to move to an attractive county in Southwest Ohio. The buyer decided to capitalize on its high occupancy and expand its facility with a brand-new wing,...

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