Slib Negotiates Sale Of Two-property Portfolio In Texas
BRYAN and CALDWELL, Texas — Senior Living Investment Brokerage (SLIB) has arranged the sale of an assisted living and skilled nursing facility in Bryan, as well as a skilled nursing facility in Caldwell. The cities are located east of Austin and northwest of Houston.
Offering 237 beds, the communities total approximately 137,265 square feet.
The seller is a nonprofit Catholic hospital system, which was selling its only skilled nursing/seniors housing communities. The buyer owns several skilled nursing facilities in Texas and is leasing the operations of these buildings to a group of out of the Dallas-Fort Worth area. The price was not disclosed.
Matthew Alley of SLIB handled the transaction.
The post SLIB Negotiates Sale of Two-Property Portfolio in Texas appeared first on Seniors Housing Business.
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