SLIB Brokers $11M Sale of Memory Care Community in Georgia

by Jeff Shaw

FAYETTEVILLE, Ga. — Senior Living Investment Brokerage has arranged the sale of Hope Center, a 64-unit memory care community in the Atlanta suburb of Fayetteville, for $11 million.

Care Investment Trust and its operating partner Phoenix Senior Living acquired the property from a local partnership. The property was built in 2014.

Bradley Clousing handled the transaction.

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