SKILLED NURSING / OHIO

Skilled Nursing Portfolio Sale in Ohio

March 2023 Skilled Nursing Ohio

Senwell 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 seller, a regional operator in the Midwest, opted to divest these properties as they were not aligned with their core long-term care model. The seller ultimately chose to partner with Senwell due to its proven track record of quick, confidential, and seamless exits.

Senwell’s confidential marketing efforts attracted the attention of multiple interested parties, leading to the identification of exceptional Medicare operators primarily from the mountain states and west coast, who were keen to expand their presence to Ohio. With Senwell’s expert guidance, the buyers recognized the value of these prime assets, which were built in 2016 and 2017 and aligned perfectly with their model.

The real estate successfully closed within 3 months of Senwell originally listing the opportunity. The operations transferred shortly thereafter after certain thresholds were met by the seller, exceeding the initial proposed timeline.

Senwell takes pride in facilitating a deal that met the seller’s needs while unlocking new opportunities for the buyer. Ben Bohland facilitated the transaction.

Senwell’s confidential marketing efforts attracted the attention of multiple interested parties, leading to the identification of exceptional Medicare operators primarily from the mountain states and west coast, who were keen to expand their presence in Ohio. With Senwell’s expert guidance, the buyers recognized the value of these prime assets, which were built in 2016 and 2017 and aligned perfectly with their model.

The real estate successfully closed within 3 months of Senwell originally listing the opportunity. The operations transferred shortly thereafter after certain thresholds were met by the seller, exceeding the initial proposed timeline.

Senwell takes pride in facilitating a deal that met the seller’s needs while unlocking new opportunities for the buyer. Ben Bohland facilitated the transaction.

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