Skilled Nursing and Assisted Living Portfolio Sale in Ohio
JULY 2022
Senwell Senior Investment Advisors was chosen by an Ohio operator to execute the sale of its SNF/AL portfolio consisting of four sites in Ohio. The seller had a desire to exit SNF and AL operations to focus on its fast-growing ancillary business (mainly hospice). The portfolio was cash flowing, however with recent Medicaid increases across all facilities in the transaction, and an influx in occupancy due to a nearby SNF closing, the opportunity presented additional upside already in place. Senwell’s efforts resulted in six attractive offers, leading to a sale price above the asking price. The seller and Senwell eventually chose a regional operator with several recent acquisitions in Ohio. Due diligence and closing was a smooth process due to both sides working incredibly well together. Thanks to this sale, they will continue to work together post-closing as hospice partners. Ben Bohland and Brandon Bohland facilitated the transaction.
 | LEAD ADVISORS:Ben BohlandManaging Partner |
 | Brandon BohlandManaging Partner |
JULY 2022
Senwell Senior Investment Advisors was chosen by an Ohio operator to execute the sale of its SNF/AL portfolio consisting of four sites in Ohio. The seller had a desire to exit SNF and AL operations to focus on its fast-growing ancillary business (mainly hospice). The portfolio was cash flowing, however with recent Medicaid increases across all facilities in the transaction, and an influx in occupancy due to a nearby SNF closing, the opportunity presented additional upside already in place. Senwell’s efforts resulted in six attractive offers, leading to a sale price above the asking price. The seller and Senwell eventually chose a regional operator with several recent acquisitions in Ohio. Due diligence and closing was a smooth process due to both sides working incredibly well together. Thanks to this sale, they will continue to work together post-closing as hospice partners. Ben Bohland and Brandon Bohland facilitated the transaction.
| LEAD ADVISORS:Ben BohlandManaging Partner |
| Brandon BohlandManaging Partner |
Other Results
Skilled Nursing Portfolio Sale in Ohio
Skilled Nursing Portfolio Sale in OhioSkilled Nursing Portfolio Sale in OhioMarch 2023Senwell Senior Investment Advisors recently played a key role in the sale of a beautiful SNF portfolio comprising of two sites located in Ohio's Cincinnati and Cleveland markets. The...
Skilled Nursing Bed License Sale in Central Ohio
Senwell successfully closed an 89-bed transaction in a rural Ohio county. The acquisition will allow the buyer, a rising regional operator, to expand their offerings in the skilled nursing space and continue growing their business. The seller, a large health system,...
Skilled Nursing and Assisted Living Portfolio Sale in North Carolina
Senwell Senior Investment Advisors was engaged to advise on the successful sale of 6 facilities in North Carolina. The portfolio is made up of 691 licensed beds divided between five skilled nursing facilities and one assisted living facility. The facilities are...
