OHIO and PENNSYLVANIA — Evans Senior Investments has arranged the sale of a 23-facility skilled nursing portfolio in Ohio and Pennsylvania for $94 million.
The portfolio totals 1,682 beds, equating to a price per bed of $56,000. The seller was an institutional owner. The buyer was an owner-operator from the East Coast.
The portfolio was 84 percent occupied at the time of sale, with five of the facilities exceeding 90 percent occupancy. The portfolio was positioned as a value-add opportunity.
Jason Stroiman of Evans Senior Investments arranged the transaction.