ESI Arranges Sale of Skilled Nursing Portfolio in Ohio, Pennsylvania for $94M

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.

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